BLS & Co.'s Tracey Hyatt Bosman was recently quoted in Business Facilities magazine about how environmental, social and governance (ESG) criteria are impacting site selection. Link to full article is available here.
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Environmental, social and governance (ESG) criteria have become increasingly important as a barometer for all-around business success. Increasingly, companies are seeking locations that are environmentally and socially conscious, and therefore able to sustain a company’s planned long-term growth. Similarly, communities with diverse, inclusive brands are seeking to recruit like-minded companies that match their tone and tenor.
Locations that are out in front of the ESG investment model can provide a competitive edge in the site selection process, says Tracey Hyatt Bosman, Managing Director for Biggins Lacy Shapiro & Co.
“There has been a dramatic change in the way companies are talking about these issues,” said Bosman. “They are now making them the fabric of the day-to-day conversation in the site selection process. Companies are increasingly asking how location portfolios can contribute to the achievement of ESG goals, including access to clean/renewable energy and a diverse labor pool, and further foster the corporate culture the company is seeking to create and maintain.”
Tracey Hyatt Bosman develops and executes incentives and location selection strategies for BLS & Co.'s corporate and institutional clients. She is a certified economic developer with twenty years of professional experience across a wide range of sectors, including data centers, manufacturing, headquarters, back office and contact center operations, and logistics.