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Institutional investors have historically tended to separate the "social issues" from the "financial issues" they press companies to address. This is no longer the case, as certain social issues, such as climate change, have taken on unprecedented financial implications and have been taken up not only by the "social investors" but also by large public pension funds. Thus, a more integrated and coordinated "civic market" of large investors and stakeholder groups has emerged as a new source of pressure on companies. The goal: to deepen and make explicit corporate commitments to a range of challenging issues that arises at the intersection of business and society. Labels, including corporate social responsibility (CSR), sustainability, and citizenship, address all or some aspects of this agenda of difficult new questions that have taken on a new financial dimension. As a result of these pressures, many senior executives (and directors) are more highly focused on how to design sustainable business strategies. These strategies seek to not only provide a return on investment, but to also generate "shared value" for society and to promote environmental and business model sustainability. This Research Working Group brings together public companies at the forefront of citizenship, sustainability, and CSR practice development as well as major institutional investors, financial service providers, and other experts in the field. Building on the advantage of their multiple perspectives, the objective of the group is to better understand and recommend to companies a framework for institutionalizing and mainstreaming their approaches both to designing sustainability programs and to communicating with institutional investors on the nature of these programs. We will examine:
Note: This Working Group is closed - Report Pending Download Full Description (pdf) For more information please contact: |
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