Social Sustainability Discussion At ERA 2023 – Key Takeaways

Heather Gordon, legal director of Martyn Fiddler Aviation joined the discussion on social sustainability at ERA's annual conference last week - here are her key takeaways...

Social Sustainability Discussion At ERA 2023 – Key Takeaways

4 Apr, 2023

Last week, the annual European Regional Airlines Association conference was held in Nice, France, and focused on sustainability economic, environmental, and social. Heather Gordon, legal director of Martyn Fiddler Aviation joined the discussion on social sustainability – here are her key takeaways:

  • To become sustainable, society must meet the needs of today without compromising the ability of future generations to meet theirs.
  • There is a responsibility for every business to not just consider their short-term goals but also to look at their mid to long-term future and that of their stakeholders; this includes their employees, customers and communities.
  • Governance is a fundamental force in ESG (environmental, social and governance) a third of daily life is spent at work and therefore considering social sustainability is a key matter for all business leaders and companies; without a good workforce there will be no business.
  • The current dilemma facing industry a shortfall in talent was exacerbated by the global pandemic. Many people reassessed their work-life balance, their value within the workplace and other opportunities available to them. The result has been a power shift and creation of am employee market where choice, flexibility and quality of life is paramount.
  • Recruitment and retention are separate but equally important matters for businesses to consider when looking at the risks they face in the short and long term. However, risk is also an opportunity to change and create a better model for attracting talent into the industry.
  • Governance can be used by business leaders to create real change around social sustainability, and to understand both the risks and opportunities involved during the current war for talent.

If you would like to understand more about corporate governance and how to avoid the pitfalls of bad governance, read our corporate governance eBook.

Heather Gordon, legal director of Martyn Fiddler Aviation joined the discussion on social sustainability at ERA’s annual conference last week – here are her key takeaways…

LinkedIn

Follow us on LinkedIn to stay up to date with all our latest news and events.

YouTube

Subscribe to our channel to watch our webinar series and IOM Aviation Conference videos.

Latest Posts

Ownership Solutions That Empower: Why It Matters

Ownership Solutions That Empower: Why It Matters

Ownership Solutions That Empower: Why It Matters When it comes to managing wealth and high value assets, the foundation you build determines the freedom you keep.  Individuals and businesses alike are seeking smarter, safer ways to own, manage, and protect high value...

read more
We’ve Moved!

We’ve Moved!

We’re excited to share that we’ve officially settled into our new office space in Hertfordshire! After months of planning, waiting, and renovating, our Customs and Tax teams are finally enjoying a new environment, and we couldn’t resist sharing a few glimpses of the...

read more
Ownership in Action: A Streamlined Aviation Solution

Ownership in Action: A Streamlined Aviation Solution

Ownership in Action: A Streamlined Aviation Solution For over 40 years, we have delivered bespoke ownership solutions to high net worth individuals as well as the various professional parties working with the HNWI, and corporate clients. We deliver trusted services...

read more