Health Equity in Black Corporate Directors Link ESG, BDHEA-Deloitte Health Equity Playbook

The BDHEA’s guide to ESG action guides organizations committed to delivering quality healthcare and wellness for our communities.

chicago, January 24, 2023 /PRNewswire/ — Black Directors’ Health Equity Agenda, a new publication, is a playbook for leading environmental, social and governance action in organizations committed to health and wellness.

“The Essential Role of Health Equity in ESG Conversations,” available to BDHEA members, provides a framework developed in collaboration with Deloitte* for Board Directors to assess the health ecosystem footprint of their organizations.

“As Black corporate directors and officers, we need to be acutely aware of the health disparities in our community,” said Joe Wilkins, BDHEA founding member and board member. “We must be intentional in seeking change that embraces health equity as critical to achieving our financial, operational and strategic goals.”

The BDHEA was one of the first 39 signatories to the Zero Health Gaps pledge by 2023 at the World Economic Forum’s annual meeting. Davos, Switzerland, The Pledge commits organizations to embedding health equity into core strategies, operations and investments.

Health Equity at the Heart of Risk Management Plan

The playbook outlines how each pillar of ESG affects health equity:

  • The environment is a force multiplier of health inequalities. Pollution in black communities exacerbates cardiovascular issues and puts residents at greater risk of preexisting conditions such as asthma, stroke and breast cancer.
  • Social needs have an impact on community health. Economic, housing and food insecurity contribute to a wide range of chronic physical and mental health conditions.
  • Governance advances health equity when leaders systematically address the drivers of health to meet business objectives.

“Boards of directors have many incentives to look at ESG through a health equity lens,” said Kim Griffin-Hunter, partner at Deloitte & Tausch LLP. “Organizations that address the sustainability issues of their industry can build stronger brands, attract dedicated talent, reduce risk and achieve stronger financial performance.”

Black corporate directors lead boardroom discussions

The “Essential Role of Health Equity in ESG Conversations” was introduced during the 2022 BDHEA National Summit. Its plan follows the format of BDHEA’s 2021 “Prioritizing Health Equity in the Boardroom” to help Black corporate directors have a direct impact on health equity discussions.

The strategic plan guides the Board’s action in four domains:

  • organization: Defining and achieving goals for boardroom diversity, data collection and workforce inclusion.
  • Offering: Establish health equity impact assessment and targeted interventions as pilot programs.
  • community: Reap the benefits by partnering with like-minded organizations—even competitors.
  • Ecosystem: Strengthening supply chain and government relationships.

The workbook provides examples of ESG reporting frameworks, commitments and programs, as well as questions to guide boardroom discussion.

“The ESG Playbook furthers BDHEA’s initiatives to elevate the authority of Black corporate directors, senior executives and up-and-coming leaders,” said the BDHEA Board Chair. John Daniels Jr. “When their core values ​​and advocacy align with corporate objectives, their impact can be profound.”

“The Essential Role of Health Equity in ESG Conversations” is available only to members of the BDHEA, a network of board members and executives engaged in health equity. BDHEA hosts live summits and virtual conferences for health equity advocates. To learn more about BDHEA membership, visit bdhea.org.

About BDHEA

The Black Directors Health Equity Agenda Board is made up of directors and senior leaders working to eradicate health disparities and inequities that threaten the individual and collective prosperity of Black families. As change agents, its members promote and facilitate on board education for emerging and upcoming leaders in the health ecosystem, encourage innovative business models, foster innovative thinking and action and drive policy Support reforms that advance health equity for Black Americans that will ultimately ensure the same. and fair healthcare for all. Learn more at bdhea.org.

About Deloitte

*Please visit www.deloitte.com/us/about for a detailed description of our legal structure.

Contact:
kimberly Palacios
objective brand
773-853-4794
[email protected]

SOURCE Black Directors Health Equity Agenda

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