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Organizations around the globe are being challenged to strike a balance between profitability and responsibility, particularly in the context of environmental, social, and corporate governance (ESG) programs. As ESG initiatives gain prominence, these organizations will continue to grapple with the task of defining and operationalizing their commitment to doing “the right thing” while ensuring profitability.
And even though CSR and ESG efforts tend to reflect a company’s values, values and financial success are not mutually exclusive. In fact, values-driven organizations often enjoy greater long-term success by building trust, fostering innovation, and attracting loyal stakeholders.
In this episode of The Edge, Host Michelle Boockoff-Bajdek is joined by Layli-Miller Muro, a global consultant and advisor on ESG practices and corporate value. Together, they dive into the differences between corporate social responsibility (CSR) and ESG; the value of ESG, particularly to HR leaders; and the best practices for building ESG programs that reflect corporate values and profits.
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Organizations around the globe are being challenged to strike a balance between profitability and responsibility, particularly in the context of environmental, social, and corporate governance (ESG) programs. As ESG initiatives gain prominence, these organizations will continue to grapple with the task of defining and operationalizing their commitment to doing “the right thing” while ensuring profitability.
And even though CSR and ESG efforts tend to reflect a company’s values, values and financial success are not mutually exclusive. In fact, values-driven organizations often enjoy greater long-term success by building trust, fostering innovation, and attracting loyal stakeholders.
In this episode of The Edge, Host Michelle Boockoff-Bajdek is joined by Layli-Miller Muro, a global consultant and advisor on ESG practices and corporate value. Together, they dive into the differences between corporate social responsibility (CSR) and ESG; the value of ESG, particularly to HR leaders; and the best practices for building ESG programs that reflect corporate values and profits.