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Why and How to Be a B Corp or Benefit Corporation
The purpose of a business consists of setting a concrete goal that has a social, ethical, or cultural meaning for society in general, that goes beyond financial performance. B Corporations and Benefit Companies are businesses that attempt to combine financial success with the protection of the environment or all of their stakeholders. Born in the United States, these companies are also spreading widely ...
The 2030 Agenda: An Appointment that Regards Us All
The 2030 Agenda represents a great opportunity for transformation starting from the principle of "sustainable development." It is the occasion to review the economic model we have used over the last 40 years and move on to a more advanced form of capitalism, that respects both the environment and social and intergenerational justice. Redefining the value chains of all production sectors in sustainable ...
When a Trademark Transforms the Value Chain
Those who work as CEOs today deal with sustainability every day, in every decision they make and every action they carry out: from the management of factories to innovation, from human resources to communication. Each company should be based on a single purpose, given by the integration of its own purpose and a social purpose. This integration between economic and social mission defines a clear model ...
ESG Ratings: Love Them or Hate Them?
In a context of growing investor interest for businesses attentive to the social and environmental risks of their activities, ESG ratings have emerged with the function of identifying and selecting companies in line with new market expectations. ESG controversies, the news disseminated by the media on the environmental, social, and governance aspects of companies, could represent a measure of real ...
The Centrality of Corporate Governance
To obtain the "sustainable success" that by now represents the principle of reference of the new corporate governance code for listed companies, large enterprises and SMEs must initiate a true process of change able to involve business, governance, and corporate strategy. The growing pressure from ESG investors, the size of companies, and the presence of independent board members are key elements ...
From Competition to Collaboration
The systemic crisis of 2007-2008 also marked the crisis of the paradigm of competition and of the primacy of financial interests over the common good, social cohesion, and environmental justice. It is indispensible to recover and re-establish an authentic principle of collaboration, that leads to inclusive business management, oriented towards stakeholders. The principle of collaboration is deeply ...