Agenda item

Refocusing elements of Economic Development Office's Responsible Business activity using an Environmental, Social and Governance (ESG) approach

Report of the Director of Economic Development.

Minutes:

The Committee considered a report of the Director of Economic Development proposing that the Economic Development Office change its approach by evolving the work of the Innovation, Inclusion and Growth team from corporate social responsibility (a corporate reputation metric), to an Environmental, Social and Governance (ESG) approach (an investment metric that channels finance to more sustainable business).

 

RESOLVED: That:-

1.         The proposed change in approach within the Economic Development Office to ‘Support a thriving economy’ by encouraging growth that is responsible, sustainable and inclusive be approved.

2.         It be noted that any staffing or HR implications of the proposed change in approach would be brought to the Establishment Committee as soon as possible.

 

Supporting documents: