Some companies have suffered reputation damage by making ESG claims that they cannot substantiate.
The Business Roundtable Report of 2019 changed the criteria for business purpose and moved away from the Chicago approach of solely increasing shareholder value.
As CEOs signed on to this approach many have since suffered because they did not get board approval and have not put changes in place.
In this video I explain the situation and introduces two schemes for setting and measuring ESG benchmarks.
Watch now:
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