Companies can support corporate environmental initiatives and create social benefits by linking executive compensation to environmental performance. This study investigated the link between compensation and environmental performance across high-polluting industries in the U.S.
While most organizations approach community engagement in a 'transactional' way, the greatest value and competitive advantage is derived from more relational forms of engagement, which is harder to imitate.
Climate change is a business issue. Here are four reasons why adapting to a changing climate should be on every executive's radar.
Companies can successfully market environmental programs by describing how others in a similar situation participate—and how doing so helps the environment.
Emissions regulations are likely to increase. Multinational companies don't need to wait; they can proactively respond by cutting emissions.
Consumers will pay a 10% premium for sustainability, and demand a greater discount for "unsustainability," but they won't trade off functionality.
Good routines help companies ensure stakeholder cooperation. This cooperation is essential for developing capabilities to improve environmental performance.
A study by Erin M. Reid and Michael W. Toffel suggests the challenges activists and governments mount against one firm can inspire industry-wide change.
They also punish companies for unethical practices.
A good CSR strategy acts as a buffer for depreciating share prices during market turmoil.
