Why marrying societal impact with financial strategy takes time

While many investors are increasingly focused on environmental, social and governance, many firms fail to embed it into their core strategy. The reason may be that mixing societal impact with financial success can be a slow burn.

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After nearly four years as CEO of accountancy firm Grant Thornton, Sacha Romanovitch—one of the first senior female leaders in a major professional services organisation—is to step down and will not run for a second term.
While feted in the media and with other professionals for her efforts to drive the firm towards operating with a “social purpose”, including a shared ente
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