There’s a storm brewing. We need to radically change the definition of governance if ESG is going to survive it.
Jörg Eigendorf will take up his role in September, handing over leadership of communications and CSR at the bank to focus on sustainability.
To make ESG activities meaningful, IFRS and GAAP should feature data that is relevant to long-term corporate and societal value creation.
Academics identify link between CSR and survival, showing that companies where CSR is a priority were less likely to delist in the pandemic.
Study concludes that “corporate board reforms… appear to have a positive spillover for non-financial stakeholders”.
Chief executives who lead firms located within 100 miles of their birthplace undertake more CSR activities than non-local CEOs.
Under pressure to be good corporate citizens, politically endorsed firms in emerging markets often choose philanthropy over adopting greener practices.
Business models in the pandemic; shareholder attitudes to CEO pay; incentives for CSR and former McDonald’s CEO’s workplace relationships.
Companies are increasingly willing to take a stand on social and political issues. But experts warn that words must be backed up by policies.
Academics warn that introducing mandatory corporate social responsibility (CSR) reporting rules could have “unintended consequences”.