The Inconsistency of ESG Ratings: Implications for Investors

Investors are increasingly scrutinizing the ESG performance of companies. This is a positive development – if CEOs know that investors evaluate them on ESG factors, not just short-term earnings, they’ll prioritise these factors over quarterly profit. Indeed, research shows that …

Business Roundtable Statement on the Purpose of a Corporation

In August 2019, the Business Roundtable, an organisation comprising the CEOs of major US companies, released a new statement on the Purpose of a Corporation. The statement stressed a company‚Äôs responsibility to all stakeholders, not just shareholders. In contrast, the prior statement, …