The board's role in sustainability: A new framework for getting directors behind ESG efforts
By: Elccles, R.G. et al
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BookPublisher: Harvard Business Review Description: 98(5), Sep-Oct, 2020: p.48-55.
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Harvard Business ReviewSummary: Investors increasingly understand that a corporation’s performance on pertinent environmental, social, and governance (ESG) factors directly affects long-term profitability—a recognition that is transforming “sustainable investing” into, more simply, “investing.” Most CEOs also now recognize that ESG issues should inform their corporate strategy. But one important constituency remains a stubborn holdout in the sustainability revolution: corporate boards. It is an unfortunate truth that directors tasked with securing their company’s future are often holding the enterprise back with an outdated emphasis on short-term value maximization. - Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Indian Institute of Public Administration | 98(5), Sep-Oct, 2020: p.48-55 | Available | AR125006 |
Investors increasingly understand that a corporation’s performance on pertinent environmental, social, and governance (ESG) factors directly affects long-term profitability—a recognition that is transforming “sustainable investing” into, more simply, “investing.” Most CEOs also now recognize that ESG issues should inform their corporate strategy. But one important constituency remains a stubborn holdout in the sustainability revolution: corporate boards. It is an unfortunate truth that directors tasked with securing their company’s future are often holding the enterprise back with an outdated emphasis on short-term value maximization. - Reproduced


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