"Our research shows that ESG is not just a compliance requirement – it’s central to the values of organisations and their employees"
- Katherine Moxham - GRiD
Nearly three-fifths (59%) of employers report that supporting the health and well-being of staff has helped their organisation meet the social aspect of its ESG (Environmental, Social and Corporate Governance) commitments, according to GRiD, the industry body for the group risk sector.
Among those employers:
59% say supporting staff health and wellbeing is an important part of meeting their social responsibilities.
55% say the policies they have implemented ensure equity across all employees.
40% say the policies extend to family members, ensuring wider support.
35% report that supporting staff wellbeing helps reduce the burden on the state.
“The social pillar of ESG is often seen as the hardest to deliver, as it can be less tangible, harder to measure, and lacks the same level of data and regulation as environmental or governance factors," comments Katharine Moxham, spokesperson for GRiD. "It’s encouraging to see that so many employers are proving it can be achieved, by showing, in practical ways, that their people truly matter.”
ESG credentials influence employee benefits partner choice
This commitment to ESG also affects the selection of employee benefits providers. Research shows that 63% of employers consider it important or a priority to work with partners that have a strong ESG approach. Employees feel similarly, with 70% of employers reporting that their staff want benefits providers to demonstrate a clear commitment to ESG.
Moxham added, “Our research shows that ESG is not just a compliance requirement – it’s central to the values of organisations and their employees. For insurers and employee benefits consultants, this represents a strategic opportunity, as businesses increasingly recognise that ESG goes beyond regulation, and directly shapes reputation and how they are perceived.”
Extending support to all employees is key
Providing healthcare or wellbeing benefits only based on pay grade or position is not enough. To meet the social aspect of ESG, support must be inclusive. Every employee is equally susceptible to physical and mental health challenges, as well as external pressures such as financial strain and family responsibilities.
Group risk policies support ESG ambitions
The group risk sector has long supported employees in broad ways, even before ESG considerations became widespread. These benefits are a natural fit for ESG goals because they are affordable, accessible, and can be extended to all staff.
They provide vital financial protection for employees and their families during difficult times. Additionally, the built-in support services, such as Employee Assistance Programmes (EAPs), offer holistic care including rehabilitation services and mental health support.
Moxham concluded, “It matters not whether health and wellbeing support was in place first and helped organisations meet their ESG targets, or whether ESG commitments drove the introduction of stronger wellbeing measures, the outcome is the same: better support for employees. Promoting inclusive, health-positive workplaces benefits everyone – the organisation, its people, and wider society.”
