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The COVID-19 pandemic is requiring companies to focus on survivability—whether they have the financial, human, and other resources to make it through this period of intense disruption. This is also a time, however, for companies to consider the value of their existing sustainability strategies.1 Companies with robust sustainability programs are more likely to perform well during a downturn. And five key elements of a fully developed sustainability program—a defined corporate purpose, a clear view of what is material (and what is not), an awareness of broader societal challenges, a robust level of engagement and transparency with stakeholders, and a collaborative culture—should improve a company’s ability to prosper in the long run.
COVID-19 Reset & Recovery: Developing Resilience to Move Forward through Uncertainty to New Beginnings
October 09, 2020 | PUBLICATION
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Thought leaders who provide trusted insights for navigating companies and the economy though COVID-19.