The ESG Leash on Business Tightens — While Good Suffers

The ESG Leash on Business Tightens — While Good Suffers

The ESG – Environmental, Social, and [Corporate] Governance – movement has exploded over the past few years. ESG ratings are now controlling substantial amounts of investing and lending to major businesses. Business leaders are being forced to address expanding ESG concerns and compliance demands, distracting management attention and resources away from the underlying business. And the potential good from ESG suffers as well. Why?

Is ‘Common Good Capitalism’ Actually Good?

Is ‘Common Good Capitalism’ Actually Good?

Common good capitalism, also known as stakeholder capitalism, seems to have become a huge management issue. Shareholders have been challenged by powerful new environmental, social, and governance (ESG) interests, making managing much tougher. The result may simply be chaos, or a “garbage can model” for managing. Or maybe a lot of good. Or perhaps all three?