Why Health Should be the Fourth Pillar of ESG

"Now more than ever, it relates to the national economy"

clock • 4 min read

Phil Mullen, managing director EMEA at TELUS Health, examines the case for adding health to the existing environmental, social and governance (ESG) pillars to the benefit of both individuals and businesses.

Global health care systems have been under increasing pressure in recent years, and the UK is no exception. In fact, the nation's health has been declining for some time and it is not only a significant economic burden but also a cause for concern regarding public health. In 2020, life expectancy fell for the first time since 2000, and health issues are at an all-time high in the country. The cost of ill-health is staggering, with data revealing that the UK loses 131 million working days each year due to illness, amounting to a cost of approximately £180 billion. Additionally, our ...

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