For years, companies have integrated social and environmental concerns into business strategies. Yet, little was known about the relationship between corporate social responsibility and financial performance. Financial decision-makers must find the right metrics to account for the many ways sustainability impacts the bottom line. Without a better understanding of how to measure CSR, managers may choose not to invest for fear it will undermine financial performance – or they may over-invest only to find they have destroyed shareholder value. In this blog, find interesting insights on financial issues.
John Peloza, marketing professor at Florida State University and NBS Editor for Valuing Sustainability, discusses how research on the business case for sustainability has evolved ... Read More »
Industry members of NBS want to know what research has to say about: What are the best metrics for determining social impact, and how can ... Read More »
In a 2009 Journal of Management article, I reviewed the literature examining the link between corporate social responsibility and corporate financial performance. I observed the ... Read More »
Consumers expect firms to address environmental issues. In response, firms are developing environmentally friendly products and instituting policies that encourage green consumption. These initiatives include ... Read More »
Companies have good reasons to make decisions benefitting the environment or society. For one, the majority of the research says such initiatives pay off. But ... Read More »
Many managers consider sustainability investments—including everything from pollution reductions to donations to charity—discretionary. In times of economic prosperity, it’s easy for managers to justify such ... Read More »
Come January, many people strive to better themselves. But what self-improvements can companies undertake? Below we describe five hurdles your organization might face in its ... Read More »
One of the key ways sustainability is expected to boost financial performance is through enhanced relationships with stakeholders. A recent survey by BCG and the ... Read More »