Each month, NBS spotlights a key sustainability issue for business leaders. These issues have been identified by NBS’s Leadership Council, a group of Canadian businesses… Read More
Business Functions: Finance
Companies that integrate sustainability into core business strategy financially outperform firms that don’t. Five key traits drive these benefits.
Firms that take tangible action to improve sustainability generate greater investor interest than companies that simply set targets.
Your firm can’t buy its way out of a soured reputation with philanthropy alone, but building a culture of good corporate citizenship might do the trick.
Through a survey of Spain’s 500 largest firms, researchers pinpoint three approaches to CSR to ensure it creates value for the company.
Firms with troubled CSR reputations suffer lower stock prices in a scandal than CSR-strong companies that properly disclose their misdemeanours.
“Ecopreneurs” who prioritize forward-thinking goal setting may be the new leaders of entrepreneurship – and key to long-term corporate sustainability.
Good CSR and a strong corporate moral compass can drive financial performance through better employee engagement and commitment to your firm.
CSR and profit are difficult to link. Firms are better off focusing on overall good management than striving for index listings and third-party ratings.