The Role of Stock Markets in Corporate Sustainability
Rakesh Gudur, Strategy Consultant, India, Premium Member
For any organization to succeed in this market situation, short term goals like donation for community or reducing emissions will not help.
Sustainable development is a long term investment for the growth of business and stakeholder value. Look at recent building collapse in Bangladesh. Companies sourcing from this market were scrutinized. Apple was forced to take action when an audit revealed that some of the factory workers were underage.
Investors / stock markets are looking at these parameters before buying a stake in companies. UNGC ranks companies to promote sustainability and CSR....