Wacoal sustainability reports: A study of board diversity, human capital, and employee productivity

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Abstract

This paper aims to increase the awareness of educators, entrepreneurs, policy-makers, and management in business organizations and non-governmental organizations that are familiar with the elements of Sustainable Development Goals (SDGs) and environmental, social, and governance (ESG) for social inclusion and women’s development with business sustainability. The relevancy of this paper is focused on employee productivity during the economic downturn after COVID-19. Eight reports published from 2015 to 2022 were found. To critically identify their relationship to the topic, by using NVivo software, a text search was performed for the mentioned keywords. The findings of this paper on the factors potentially related to employee productivity are human capital, management board diversity, improvement in health, and improvement in quality issues. It is recommended that the management of organizations implement constructive solutions for the wellness of employees to enhance overall employee productivity. The search results showed that some of the factors such as management board duties (women) and quality issues on supply chain management were cited the most frequently with 3192 and 2706 times, correspondingly, while employee productivity (men) was cited less frequently in comparison. This is managerially relevant to organizations which are working on sustainable development (SD) with employee productivity and organizational effectiveness. A validation model is needed to link up with the findings of this paper to improve organizational performance.

Keywords: Sustainability Report, Productivity, Human Capability

Authors’ individual contributions: The Author is responsible for all the contributions to the paper according to CRediT (Contributor Roles Taxonomy) standards.

Declaration of conflicting interests: The Author declares that there is no conflict of interest.

JEL Classification: D11, D12, M10

Received: 12.03.2024
Accepted: 20.08.2024
Published online: 23.08.2024

How to cite this paper: Yeung, S. M. C. (2024). Wacoal sustainability reports: A study of board diversity, human capital, and employee productivity. Corporate Board: Role, Duties and Composition, 20(2), 67–75. https://doi.org/10.22495/cbv20i2art7