Corporate accountability is key to the success of ‘stakeholder capitalism’

  • Increasing accountability to employees, customers, suppliers and communities shouldn’t mean decreased accountability to shareholders. Especially when some shareholders are the ones who have been arguing on behalf of the interests of those other stakeholders.

Stakeholder primacy: CEOs redefine the role of business in society

  • The statement from nearly 200 CEOs redefining ‘corporate purpose’ to include customers, workers, communities and suppliers, along with shareholders, catches them up with business leaders, not to mention impact investors. Put another way, the Business Roundtable is a lagging, not leading, indicator.

Goldman Sachs’ new Sustainable Finance Group charts ESG rise to the C-suite

  • The high-level coordination behind the effort, Goldstein wrote on LinkedIn, “is a recognition that two factors, inclusive growth and climate transition, “had become significant drivers of growth, risk, and operational efficiency for businesses and investors and thus, for Goldman Sachs.”