…of what those circumstances are. In a seminal article “Corporate Sustainability: First Evidence of Materiality” Mozaffar N. Khan, George Serafeim, and Aaron Yoon showed that companies performing well on the material environmental,…
When Swedish telecommunications company Telia issued an announcement of its new commitment to sustainable business practices, the shift in strategic priority renewed shareholder trust. At the end of 2016, Stockholm-based Telia Co. AB — a…
…performance at an even deeper level. Starting with the work of the Sustainability Accounting Standards Board (SASB) and augmented by input from sector experts, I joined the BCG team in examining the relationship between financial and…
…Reporting Initiative (GRI), an independent body that has pioneered sustainability reporting from a niche practice to one now adopted by organizations around the…
Human trafficking, essentially modern slavery, is a large and growing practice, although most people are unaware of its existence and extent. Pope Francis has called it a plague on humanity. The NGO Human Rights First notes that Human…
…financial reporting standards developed over hundreds of years and sustainability reporting standards springing up separately in the last few decades. Now is the time to think about how the reporting system works together — to ensure…
…while more and more companies are proclaiming their commitment to “sustainability,” their pension funds are virtually ignoring the topic. Before I elaborate and give evidence on this, let me first provide some context. In the corporate…
Except for the last remaining climate change deniers, of which there are still a surprising number, it is generally acknowledged that many of the oil reserves that have already been discovered are “stranded assets.” This means that in…
…the way we do for financial information. In another post about the Sustainability Accounting Standards Board, I pointed out that it is now possible for companies to measure and report on the ESG issues that are material to their ability…
…Copco recognizes going beyond this, extending it to integrating sustainability into its business creates long-term value for all stakeholders, which is ultimately in the best interest of the company, the shareholders and society. The…
It might not happen today or tomorrow, but soon you may get the chance to invest in a socially responsible investment in your 401(k) plan. That’s because the Labor Department this fall issued guidance easing the fiduciary burden for…
…linking strategy, performance, board oversight, compensation and sustainability in a single document.’ This is precisely the ambit of the successive King Committee recommendations and my vision for the International Integrated…
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