How to Measure a Company’s Real Impact
Companies have always caused “externalities” — benefits for society for which they are not fully compensated and costs on society which they don’t have to fully pay for. A major change in global business in recent years is that these externalities are becoming increasingly rare — what was once extraneous to a business is increasingly affecting corporate revenues, costs, and risk profiles. This is a … [ Read more ]
Content: Article | Authors: George Serafeim, Ronald Cohen | Source: Harvard Business Review | Subjects: Economics, Social Responsibility (ESG)