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A Culture of Health for Business

Every person has the opportunity to live a healthier life. The Robert Wood Johnson Foundation is working with GRI to improve the health and well-being of employees, families, and the communities in which they operate.  Tweet This!

The Robert Wood Johnson Foundation (RWJF) is committed to a vision of working alongside others to build a Culture of Health where everyone has the opportunity to live a healthier life. The private sector, particularly large corporations, has a tremendous influence on culture and is integral to achieving high social and health standards for employees and other stakeholders. Increasingly, shareholders, investors, boards and executives are prioritising business values and citizenship, as well as financial measures, knowing that these affect public perception, brand and long-term sustainability.

The Culture of Health For Business Task Force

A Task Force of 15 companies was launched in May 2019 to discuss what a Corporate Culture of Health means, how it supports the achievement of key business priorities, how it is measured, and challenges to adoption. The Task Force includes corporate practitioners from sustainability, human resources, occupational health and safety, health and wellness and other relevant areas and is informing both GRI and RWJF of what messages and tools are needed within the corporate community. It brings together companies from the pharmaceutical and health care, oil, gas & mining, construction, logistics, technology, financial services, and general services industries.

GRI will publish a suite of knowledge tools in 2020 to help companies apply the GRI Standards to the Culture of Health for Business Framework. See below for more information on the framework.

 

ABOUT THE PROJECT

A growing number of companies recognise their ability to contribute to a Culture of Health and have used their reach and influence to improve the health and well-being of employees, families, and the communities within which they operate. By recognising the importance of health and well-being across the value chain, businesses can reap the rewards with greater productivity and higher retention, for example. Measures, metrics and indicators play a key role in supporting corporate efforts. They promote an understanding of the concept, inform strategic thinking and planning and provide a basis for assessing progress, gaps, and opportunities.

The GRI Standards are a powerful tool for the private sector to accrue, track and report environmental, social and governance (ESG) issues including health-related topics. The GRI Standards include specific health-related disclosures that may fall within the RWJF’s defined areas of “health”, namely GRI 401: Employment 2016, GRI 403: Occupational Health and Safety 2018, and GRI 416: Customer Health and Safety 2016. Other GRI Standards contain disclosures which are relevant for understanding an organization’s impact on health through, for example, its air emissions, waste generation and disposal, or marketing and labelling practices.

RWJF recognises that the GRI Standards and their global uptake provide a good starting point to build a Culture of Health in which companies play an integral part.

An Advisory Council of health and wellness experts has been established to guide this project. The advisory group will counsel GRI on development of tools, programmes, services and outreach, encourage collaboration among RWJF grantees and help ensure proper implementation of the Culture of Health for Business framework in the corporate community most effectively.

RESOURCES

Culture of Health for Business Report

Developed in collaboration with the Robert Wood Johnson Foundation, this report presents a framework for companies to take a holistic approach to their impact on health of employees, families, and communities. It includes 16 Smart Business Practices that influence key health determinants as well as have a positive impact on health and business outcomes. This report was developed through a multi-stakeholder consultation process that involved direct interviews and surveys with more than 100 participants from private sector companies, ESG rating and research firms, and socially responsible investors, academics and public health professionals, non-profits, pension funds, unions, and governance research and proxy advisors.

For more information about the Culture of Health for Business project, please contact Piya Baptista, Manager, Programme Implementation.

download the full report

download the executive summary

 

 

 

 

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References:

This article is based on published information by GRI. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the publication’s meaning. If you would like to quote these written sources from the original please revert to the following link:

https://www.globalreporting.org/cultureofhealthforbusiness/Pages/default.aspx