High-Performance Sustainable Work Practices for Implementing ESG Strategy

Building on the values and characteristics of sustainable HRM practices from chapter 4, and the high performance sustainable work practices (HPSWPs) measure from chapter 7, an attempt is made to explain in this chapter how HPSWP can facilitate organisations to develop key human capital required for implementing corporate sustainability business strategy for shared value. The HPSWPs includes HR practices with four sustainability characteristics which are proenvironment, stakeholder compassion, ethics of care for wellbeing, and social consciousness characteristics. Each of these sustainability characteristics includes a bundle of HR practices of recruitment and selection, training and development, performance management, job design, and individual/group incentives. It is explained in this chapter that organizations focusing on corporate sustainability business strategy must consider incorporating bundles of HPSWPs with these sustainability characteristics in the organisation HR system to achieve integrated economic, social/human, and environmental sustainability outcomes. Furthermore, the practical implications of HPSWPs are explained to help managers and HR professionals to plan change management strategies for transforming the existing HR systems and policies to implement corporate sustainability business strategy.