AIHA recently joined the Capitals Coalition, which is a global entity that has evolved in the sustainability/ESG (Environment, Social, Governance) space. The Coalition is a broad-based group of stakeholders that are advancing the level of understanding across what is commonly referred to as “the capitals” as it pertains to decision-making within corporations of all sizes. The capitals are defined as natural capital, social capital, and human capital. It is the human capital space where AIHA feels we play a role in helping to define the knowledge, skills, competencies, and attributes embodied in individuals that contribute to improved performance and well-being.
The term “ESG” refers to environmental, social, and governance considerations -- three key factors when measuring the sustainability and ethical impact of an investment in a company. Most socially responsible investors check to see how companies perform against ESG criteria when considering investments. ESG factors are a subset of non-financial performance indicators which include ethical, sustainable, and corporate government issues such as making sure there are systems in place to ensure accountability, managing the corporation’s carbon footprint, and adhering to stronger occupational health and safety protocols (this latter area is where AIHA fits in).
Purpose and Objectives
This task force is being established to serve as a strategic advisor to the AIHA Board in defining how we as an association and the occupational and environmental health and safety (OEHS) profession should approach ongoing dialogue that pertains to the human capital/ESG space.
We envision direct collaboration with various entities occupying this arena, including the Capitals Coalition, the Sustainable Accounting Standards Board (SASB), the Global Reporting Initiative (GRI), and others.
The purpose of this task force is to provide strategic direction which will help AIHA:
- Demonstrate a lead role and communicate to our members how we are helping to guide market influencing developments in the sustainability field
- Educate and engage our members in ongoing developments in the evolving ESG field and the connections between OEHS and ESG/sustainability
- Influence the future direction of the sustainability field by giving feedback to SASB and others (e.g., GRI, International Financial Reporting Standards Foundation, World Economic Forum) on how they develop key performance indicators (metrics), frameworks, and technical protocol development centered on human health, well-being, and human capital management.
- Liaise with and provide input to ESG ratings bodies (those that evaluate companies based on their ESG performance)
The group is to be comprised of 8 to 10 members representing a broad diversity of member representation. One member of the task force will serve as chair. Task force members must be AIHA members. Charles Redinger has agreed to serve as volunteer chair.
Task Force Selection Process
The process of selecting new members begins with an open call for applications. Applications are reviewed, and selections made by the AIHA Board.
- Experience in ESG space
- Involvement with sustainability standards of practice
- International engagement
General Time Commitment
- Monthly conference calls (1 hour in length) until the scope of work is completed
- Email correspondence as needed between calls
- Accountable to the AIHA Board of Directors
- Agree to uphold and abide by the AIHA Bylaws, Conflict of Interest, and Code of Conduct policies
Online applications will be accepted until 11:59 pm ET April 16, 2021.