The Difference Between Purpose and Sustainability (aka ESG)

by dennis | Aug 20, 2021 | Articles 2021, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. Corporate purpose and sustainability (often referred to by the acronym of ESG for environmental, social, and governance) are now part of the mainstream...

Would A $100 Per Ton Carbon Tax Get ExxonMobil To Right Its Errant Ways?

by dennis | Aug 6, 2021 | Articles 2021, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. The Democrats just introduced a bill seeking $500 billion in climate damages from oil giants such as Exxon and Chevron. While I understand the desire behind...

Five Elements of Activist Stewardship: Insights from Two Letters

by dennis | Jul 30, 2021 | Articles 2021, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. Engine No. 1 and Elliott Advisors each invested millions of dollars to do careful and in-depth analyses prior to launching their campaigns to improve the...

SEC Commissioner Hester M. Peirce’s Chocolate-Covered Ideological Screed

by dennis | Jul 27, 2021 | Articles 2021, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. One week ago today on July 20, 2021 Trump appointee SEC Commissioner Hester M. Peirce (R) gave a 4,725 word speech to the Brookings Institution...

A Dutch Court Fires A Warning Shot Across The Bow Of U.S. Enterprise

by dennis | Jul 23, 2021 | Articles 2021, News & Analysis

Robert G. EcclesauthorFollow SustainabilityTenured Harvard Business School professor, now at Oxford University. After baseball, litigation is America’s national sport. A Harvard Law School paper, “Comparative Litigation Rates,” by Professors J. Mark Ramseyer &...