251 Articles found for subject: Social Responsibility (ESG)

Revenue growth is good. Profitable growth is better. Profitable growth that advances ESG priorities is best. Here’s how outperformers who actively choose growth deliver the growth trifecta.

Content: Article | Authors: Anna Koivuniemi, Claudia Kampel, Lucy Pérez, Rebecca Doherty, Werner Rehm | Source: McKinsey Quarterly | Subjects: Best Practices, Social Responsibility (ESG)

Public pressure and changing norms are paving the way for business leaders to be paid based on a new set of criteria.

Content: Article | Authors: Lawrence Harris, Phillippa O’Connor, Tom Gosling | Source: strategy+business | Subject: Social Responsibility (ESG)

Business leaders do not have to choose between their values and creating value, according to a new study by Wharton’s Witold Henisz.

Content: Article | Authors: Seb Murray, Witold Henisz | Source: Knowledge@Wharton | Subject: Social Responsibility (ESG)

BCG has conducted in-depth research to understand the barriers impeding widespread customer adoption of sustainable offerings and behaviors and to discover how companies in different consumer categories can lower those barriers. We identified eight common barriers and found that these barriers and the most effective ways to overcome them can vary by industry. Although no one-size-fits-all approach will yield optimum results, a company can develop … [ Read more ]

Content: Article | Authors: Fadi Makki, Julia Dhar, Kanika Sanghi, Lauren Taylor, Léa Turquier, Sarah Lichtblau | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

In The Ethical Algorithm, two University of Pennsylvania professors explain how social values such as fairness and privacy can be designed into machines.

Content: Article | Author: Theodore Kinni | Source: strategy+business | Subjects: Ethics, IT / Technology / E-Business, Organizational Behavior, Social Responsibility (ESG)

What is capitalism? Is it the greatest source of prosperity and freedom the world has ever seen or a menace on the verge of destroying the planet and our society? Rebecca Henderson argues that capitalism is the only solution to the massive problems that we face and explores the ways in which the private sector can help to reimagine capitalism so that it works for … [ Read more ]

Content: Article | Author: Rebecca Henderson | Source: Management and Business Review (MBR) | Subjects: Capitalism, Economics, Social Responsibility (ESG)

Consumers choose economic development over serious climate initiatives. Corporations don’t invest in meaningful change because consumers won’t pay for it. And governments cannot lead if citizens won’t follow. The battle to prevent climate change through behavior modification, regulation, or personal deprivation has already been lost. Yossi Sheffi explains why the solution is collaborative investment in developing technologies that can reverse climate change.

Content: Article | Author: Yossi Sheffi | Source: Management and Business Review (MBR) | Subject: Social Responsibility (ESG)

Finding their own authentic true north on ESG can help companies navigate society’s expectations and investors’ demands.

Content: Article | Authors: Peter Gassmann, Will Jackson-Moore | Source: strategy+business | Subject: Social Responsibility (ESG)

To get beyond the starting line, CEOs need to approach the challenges of sustainability from a strategic and value-creation perspective in terms of both the questions they ask and the answers they seek.

Content: Article | Authors: David Young, Simon Beck | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

Boards are not carving out time for high-value strategic work when it comes to environmental, social, and governance. And that’s a problem for companies pushing for sustainability.

Content: Article | Authors: David Young, Ron Soonieus | Source: Boston Consulting Group (BCG) | Subjects: Corporate Governance, Social Responsibility (ESG)

While ESG is likely to evolve both in substance and name in the coming years, its underlying impulse is here to stay. Here’s how companies can take a more systematic and rewarding approach to ESG.

Content: Article | Authors: Dame Vivian Hunt, Donatela Bellone, Hamid Samandari, Lucy Pérez, Robin Nuttall | Source: McKinsey Quarterly | Subject: Social Responsibility (ESG)

Climate change, sustainability, and ESG considerations are increasingly taking center stage in corporate boardrooms across the world. When measuring and communicating corporate sustainability performance through sustainability reports or ratings, executives face a rapidly evolving and complex set of choices. As a result, companies are at risk of falling behind or choosing inappropriate reports and ratings that don’t drive sustainability performance and open the door to … [ Read more ]

Content: Article | Authors: Karim El-Jisr, Tim Rogmans | Source: Harvard Business Review | Subject: Social Responsibility (ESG)

Shifts in how businesses create value and how it flows to households highlight the changing role of the corporation.

Content: Article | Authors: Clarisse Magnin-Mallez, Michael Birshan, Sean Brown | Source: McKinsey Quarterly | Subjects: Economics, Social Responsibility (ESG)

Every enterprise is finding that its space for business as usual is increasingly constrained by the planet’s environmental limits, by broader social and economic needs, and by rising stakeholder demands. Consequently, in addition to addressing all the traditional factors defining competition, company strategies now need to explicitly confront the dynamic socio-environmental externalities of the business. From their impacts on climate to the communities where they … [ Read more ]

Content: Article | Authors: David Young, Marine Gerard, Martin Reeves | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

We have argued that corporations should Optimize for Both Social and Business Value, using their core businesses to deliver the financial returns expected by their owners and, in tandem, to help society meet its most significant challenges. To do so, we suggest that leaders reimagine corporate strategy by creating new modes of differentiation, embedding societal value into products and services, reimagining business models for sustainability, … [ Read more ]

Content: Article | Authors: David Young, Martin Reeves | Source: Boston Consulting Group (BCG) | Subjects: Business Model, Social Responsibility (ESG), Strategy

The Fourth Industrial Revolution changes the ‘who’, ‘whom’ and ‘what’ of corporate responsibility.

Content: Article | Author: N. Craig Smith | Source: INSEAD Knowledge | Subjects: IT / Technology / E-Business, Social Responsibility (ESG)

Just as with other business priorities, stakeholder capitalism is a matter of execution. Here are five steps to get it right.

Content: Article | Authors: Robin Nuttall, Vivian Hunt, Yuito Yamada | Source: McKinsey Quarterly | Subject: Social Responsibility (ESG)

BCG identifies six dimensions of environmental and societal impact, all with implications for employees and for external stakeholders, including investors, customers, suppliers, and society.

Content: Article | Authors: David Young, Marine Gerard | Source: Boston Consulting Group (BCG) | Subjects: Business Model, Social Responsibility (ESG)

How can companies assess which business model changes will enable the company to become genuinely more resilient and sustainable over time? We believe our insights from researching Sustainable Business Model Innovation (SBM-I) can help answer that question. Crossing all industries and geographies, our research analyzed more than 100 business models through which companies delivered both business value and environmental and societal benefits. We tested each … [ Read more ]

Content: Article | Authors: David Young, Marine Gerard | Source: Boston Consulting Group (BCG) | Subjects: Business Model, Social Responsibility (ESG)

ESG measurement is an increasingly popular way of holding companies accountable when it comes to sustainability efforts, and of giving companies an incentive to improve them. But measurement, no matter how sophisticated, is much better at capturing easily quantifiable inputs than complex and messy outcomes and impacts. Companies need to do everything they can to understand those outcomes and impacts — and that requires doing … [ Read more ]

Content: Article | Author: Jennifer Howard-Grenville | Source: Harvard Business Review | Subject: Social Responsibility (ESG)