Look Inside with Rasha Hasaneen

Rasha Hasaneen is the Vice President of Innovation and Product Excellence for Trane Technologies. A former executive with global businesses, Rasha also leads the Center for Healthy & Efficient Spaces as Executive Director. In this show learn about:

• Why, when the world is diving into ESG and Climate measures we are not normally drawn to consider inside spaces, – why is that?
• Why is how we live indoors so crucial to a sustainable future?
• What is the impact on productivity loss due to unhealthy indoor spaces?
• Covid 19 is not the first pandemic and not likely to be the last, learn about the “extra layer.”

Join our Tribe at https://leadership-hacker.com

Music: " Upbeat Party " by Scott Holmes courtesy of the Free Music Archive FMA

Transcript: Thanks to Jermaine Pinto at JRP Transcribing for being our Partner. Contact Jermaine via LinkedIn or via his site JRP Transcribing Services

 

Find out more about Rasha below:

Rasha on LinkedIn: https://www.linkedin.com/in/rashahasaneen/

Rasha on Twitter: https://twitter.com/rhasaneen

Company Website: https://www.tranetechnologies.com

 

Full Transcript Below

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Steve Rush: Some call me Steve, dad, husband, or friend. Others might call me boss, coach, or mentor. Today you can call me The Leadership Hacker.

 

Thanks for listening in. I really appreciate it. My job as The Leadership Hacker is to hack into the minds, experiences, habits and learning of great leaders, C-Suite executives, authors, and development experts so that I can assist you developing your understanding and awareness of leadership. I am Steve Rush, and I am your host today. I am the author of Leadership Cake. I am a transformation consultant and leadership coach. I cannot wait to start sharing all things leadership with you

 

Today's special guest is Rasha Hasaneen. She's a Vice President and Executive Director, at Trane Technologies where she runs Center for Healthy & Efficient Spaces. Rasha is also a board of advisor member, a board member for a number of technology and climate tech companies and councils. But before we get a chance to speak with Rasha, it's The Leadership Hacker News.

The Leadership Hacker News

Steve Rush: In the news today, we explore whether or not organizations and leaders are taking ESG seriously. And if they do, how it can directly correlate to great results. The letters ESG of course stand for Environmental, Social and Governance, and are typically how organizations structure activities and commitments to each be it greenhouse gases and emissions and waste, that's E. Staff, labor, relations, employee safety, that's the S or board diversity in supply chain management, that's the G and while most organizations will have a view and a lens. Having tactical and focused activities can be really relevant to the business world and more and more shareholders and stakeholders, as well as customers, staff and consumers are starting to take more notice around ESG and ESG ratings.

The momentum towards ESG has not slowed with the pandemic. The crisis has intensified and reinforced the important issues of ESG. George Serafeim, a Harvard Business School Professor and ESG expert said COVID 19 has caused us to dive deeper and integrate our ESG inside organizations around them management and their strategy. And it's no longer just about feel-good issues. We're talking about even more important value drivers. So, let's have a look at how ESG can really drive shareholder return and maximize value for the organization. In one HBR Study, they found that $1 investment yielded $28 return over 20 years for companies that focused on ESG. And those that didn't focus on ESG measures only returned $14. In a recent study by McKinsey's, they explained executing ESG effectively can help combat rising operating expenses. Affecting operating profits as much as 60%. For leaders who want to reap such reports, they should immediately begin measuring ESG metrics alongside other KPIs.

Of course, companies can then demonstrate what they measure and the impact that has to returns, and ESG helps with talent too. According to Wharton, Professor Peter Cappelli. Most hiring is a result of drastically poor retention. This issue has only been compounded in recent years with Mercer Global Talent Trends, 2020, calling the great recession. Revealing that nearly half, that's 46% of C-suites believe that their organization is ill equipped to attain, attract, the right talent. Though ESG and talent may seem unrelated, they are deeply correlated. A study from Marsha McLean & McLennan found employers with an attractive ESG strategy, attract, and retained the best talent in the marketplace. In add