A Successful ESG Strategy: All About Engagement

July 26, 2024

Exclusively sponsored by Honeycomb Strategies.

Effective engagement is the cornerstone of a successful environmental, social, and governance (ESG) strategy. Transparent and clear communication keeps your stakeholders informed, encourages participation, and evaluates progress to ensure that milestones are met. Let’s delve into why engaging with stakeholders matters to your sustainability strategy and how it directly impacts your bottom line.

Who should you engage with?

The best communication targets different stakeholder groups with custom outreach. Your engagement should be reactive to the needs of your audience and reflective of your event’s landscape. For example, if you receive a lot of feedback from attendees at your B2B conference about sustainability, prioritize these stakeholders with a public-facing strategy. When organizations need to build buy-in from staff, we recommend they invite people from disparate departments to participate in a Green Team that reports out to their colleagues. Build on your engagement yearly and add new stakeholder targets as your ESG programs grow. 

What’s the best way to engage?

Again, be strategic with the best way to reach your target group. If trade show waste is a significant issue with your target exhibitors and their contractors, you may start pre-show by including sustainability guidance in the exhibitor services kit and newsletters. On site, include messaging in their welcome materials and via signage at the service desks. Post show, you could use a survey to receive feedback.

Engaging the public can be a multi-pronged approach, using digital media like your website and social media, and sprinkling sustainability into press releases, interviews, and media days. Don’t forget to give kudos to your partners and supporters! They’ll re-share and get name visibility as a benefit of their participation.

Tips for telling your story

If you’re just starting out with ESG, chances are you’re already doing some things that are sustainable or inclusive. Highlight familiar, existing programs and frame them through the lens of developing sustainability goals. Then, generate curiosity about new, unfamiliar programs and open channels for feedback. 

We always recommend publishing a public-facing, executive-endorsed sustainability statement. It lends authority to your program, and also creates accountability to measure actions against your publicly stated values.

For engagement during the event, develop a Sustainability Hub to attract visitors to learn about your efforts. This activation can encourage visitors to participate in programs you’ve set up and educate them on best practice behaviors like using refillable water bottles, recycling their lanyards, and choosing plant-based meals. 

Traps to look out for

As you craft your narrative, be careful not to exaggerate your progress, and certainly don’t make false claims, which we call “greenwashing.” Being realistic and open about your goals makes your organization trustworthy and reliable, which has benefits far beyond environmental impacts. 

Don’t feel like you can’t share because you haven’t achieved a certain level of progress. Demonstrate the value of transparency! As Brené Brown says, “staying vulnerable is a risk we have to take if we want to experience connection.” Even in the corporate world, vulnerability is necessary to build relationships.

The benefits of engagement

Sustainability is a collaborative effort, and without buy-in, you can’t advance your programs to their fullest extent. Considering that many sustainability efforts center on reduction (e.g. paper use, giveaways, energy, water), the larger your buy-in, the bigger the cost savings.

Sustainability-focused publicity and accolades can bolster advertising spends organically, saving you money. Publicity can be a big incentive for supporters. By talking about programming, you’re building enough support to launch new programming and generating more opportunities to share progress, which in turn attracts more support… the cycle goes on and on! 

The irony of the sustainability journey is that you have to be willing to share where you are to get where you want to go. Communicating your journey can foster stronger relationships with stakeholders, employees, and customers and translate to the bottom line. No matter if you’re a beginner or a pro, talking about the work is part of the work.

Honeycomb Strategies specializes in impactful solutions for sustainable events, sports, and venues. hcsustainability.comhello@hcsustainability.com

Add new comment

Partner Voices
  MGM Resorts is renowned for its exceptional service and diverse venue options across Las Vegas, Detroit, Springfield, National Harbor, Biloxi, and Atlantic City, providing flexible spaces for meetings of any size. Beyond these offerings, MGM Resorts distinguishes itself through a strong commitment to social responsibility and sustainability, making it an ideal choice for your next meeting.  At the core of MGM Resorts' company values is its platform, "Focused on What Matters," dedicated to meeting customer needs while advancing socially responsible practices. This commitment is evident in several key areas:  Protecting Natural Resources  MGM Resorts is home to industry-leading recycling, renewable electricity and water conservation programs. Some highlights include a cogeneration power plant at ARIA, producing ultra-efficient electricity; one of America’s largest contiguous rooftop solar arrays atop the convention center at Mandalay Bay; and onsite wells that provide water for the celebrated Fountains of Bellagio, avoiding reliance on precious Colorado River water. These efforts and many more save on natural resources while boosting attendee satisfaction.  Committed to Community  Always striving to be good neighbors, MGM Resorts works to avoid food waste and combat food insecurity with the Feeding Forward program. In partnership with local food banks, they safely divert unserved food to food insecure members of the community. Since 2016, over 5 million meals have been provided, highlighting MGM Resorts' commitment to minimizing food waste and addressing community needs.  MGM Resorts supports clients in their responsible-meetings efforts, not only with efficient venues but also waste-reducing décor and signage; sustainable food and beverage options; and outreach to help planners communicate sustainability efforts to attendees. What’s more, they offer a Mindful Meetings series that puts attendee wellness first—through fitness and mindfulness activities, and in give-back events with local charity organizations.   Fostering Diversity & Inclusion  To MGM Resorts, a diverse and talented workforce is essential to success. By cultivating innovative strategies that consider multiple perspectives and viewpoints, the company creates an inclusive workplace culture that benefits its employees and community. MGM Resorts takes pride in being a welcoming home for veterans, individuals with disabilities, people from diverse backgrounds, LGBTQ+ community members, and more. This commitment to inclusion is reflected in the company's recruitment and hiring practices and its social responsibility initiatives. From the workplace to the community, MGM Resorts' commitment to diversity, equity and inclusion remains unwavering, and its efforts continue to create a more equitable and sustainable world for all.  MGM Resorts offers unparalleled service and venue options while standing out for its proactive approach to sustainability and community engagement. Choosing MGM Resorts for your next meeting means aligning with a company that values social responsibility, efficiency, and attendee satisfaction, ensuring a meaningful and impactful event experience.