The social factors survey examines company policies and practices pertaining to employee well-being. This survey examines factors such as benefit eligibility and participation rates. The survey is also used to collect data about the company’s community engagement, such as volunteer hours and community donations. The analysis of social factors through a survey fits squarely within the Social (S) pillar of the ESG (Environmental, Social, and Governance) framework. This focus provides insights into how a company prioritizes and manages its relationships with employees and the broader community.
What are we talking about when we're talking about Benchmarking? Let's be careful when we throw that word around.