PIER Project is an initiative to increase environmental social responsibility in commercial educational and non-profit organizations through transparency, stakeholder collaboration, and public consensus on many of the important topics facing our planet.
We do this through a business friendly, pro-growth approach to ESG, environmental, social, and governance format. Studies confirm organizations that engage with their stakeholders on social and environmental issues can increase trust, growth, and social image more effectively.
Over 84% of global businesses now prioritize climate action, with 74% reporting pressure from governments to adopt sustainability practices. This shift supports stronger stakeholder loyalty, as companies meeting environmental and social expectations retain trust more effectively
Aligning with environmental values appeals to consumers and investors, with 70% of institutional investors now citing sustainability as a core factor in their decisions. This alignment helps draw in stakeholders committed to ethical investment
Transparency drives brand trust, with 60% of consumers willing to pay a premium for brands with clear sustainability commitments. Companies adopting recognized standards like GRI gain additional trust through structured ESG reporting. Following ESG standards such as the UN’s SDGs reduces greenwashing risks, as 85% of consumers view certified commitments as more trustworthy than vague environmental claims
Strong ESG policies reduce employee turnover by up to 25%, reflecting increased loyalty from workers who value ethical practices within their workplaces
Community-focused ESG initiatives increase engagement, with studies indicating that active sustainability programs can double brand reach in local markets through community-driven advocacy
Companies with comprehensive ESG strategies see an 8-10% higher return on equity compared to those without, providing a measurable financial advantage alongside sustainability benefits
Networked ESG is fully compatible with other ESG programs. Including stakeholder or public participation in ESG decision making can accelerate adoption and energize your entire organization behind collaborative goals and KPIs
PIER Project is a movement towards greater transparency and collaboration between the organization and its stakeholders. PIERs provide a common platform for discussions, crowdsourcing, and consensus voting on important issues related to environmental, social, and governance.
Any organization committed to transparency and collaboration with its stakeholders can participate.
Better stakeholder loyalty, improved transparency, enhanced brand image, competitive advantage, and networking effects.
We offer 100% free service and premium upgrades for SMEs and enterprise customers, while educational organizations can join for free. Click here to start.
WeNetwork pioneered decentralized ESG practices, unlike traditional ESG, which is driven by regulation, standardization, or investment protocols. dESG is stakeholder-driven to define the uniquely suitable approach to any organization. The result is a more organic approach driven by competitive advantage and stakeholder engagement.
Absolutely! The PIER project helps businesses of any size grow, foster responsibility, and build loyalty by engaging customers, employees, and investors.
Yes, it's simple! Step 1: Create a PIER, Public Interactive ESG Roadmap. Step 2. Invite stakeholders, prospective customers, employees, or members of WeNetwork’s sustainability community. Step 3. Create activities. WeNetwork will help you host sustainability contests, collaborations, focus groups, etc. Step 4: Consider upgrading to premium features or engaging WeNetwork consultants to grow your stakeholder network faster and more efficiently.
PIER is a part of the movement towards decentralized ESG, where ESG decisions are made in collaboration with your stakeholders as opposed to regulatory or financial dictates. dESG is driven by competitive advantage—stakeholders these days want sustainability, collaboration, and value alignment. This makes it practical and affordable for organizations of all sizes, types, and locations. Obviously, organizations will still be required to adhere to any regulatory mandates. dESG is complementary with traditional ESG and supports greater stakeholder engagement in issues that impact them the most.