Check out this thoughtful piece in the Walrus that pulls together insights from leading thinkers about the emerging shift among some corporate leaders to integrate social and environmental concerns in corporate governance. If economies are going to by nested within a community prosperity and sustainable framework, these are the kind of shifts it will depend on.
Click here to view original web page at thewalrus.ca
“While discussions around environmental, social, and governance (ESG) issues and corporate purpose have been trendy speaking points in the last few years, many companies have been slow to follow through. But . . . in a post-pandemic world, consumers won’t just accept brands at face value. To succeed, companies must demonstrate their commitment to positive ESG practices that support corporate purpose—or risk failing.
Kamal-Chaoui also highlights the important role that small businesses play in this shift: “In Canada, small businesses make up 98 percent of all businesses and employ 8.4 million workers. They can have a huge impact in driving the adoption of more responsible business practices—not just because of their collective scale, but also because of their roots and relationships in local communities.” […]”
