It would have been nice if big business had shown up a little earlier for the wedding between Global Economy and Global Stewardship, but at least they're finally starting to file into the building and take their seats. A survey commissioned by Deloitte took the pulse of 220 directors at U.S. companies who were making at least a billion dollars in revenue. It indicates that a growing number of corporate boards of directors are becoming more interested in climate change and corporate responsibility and sustainability (CR&S).
Eric Hespenheide of Deloitte's Enterprise Sustainability Group explains, "CR&S is about managing risk, generating value and ensuring the long-term viability of an enterprise. It includes consideration of the interdependencies between environmental, social and financial performance, including new views on regulation, accountability, transparency, corporate governance and the potential impacts of climate change on business operations."
Over 75% of those who responded to the email survey claim to have a moderate understanding of business risks and opportunities connect to CR&S. 50% believe that paying attention to CR&S issues is built into their business strategy and risk management.
For more on this growing trend, which appears to be driven by the public's commitment and attention to environmental concerns, click on the following article:
http://www.enn.com/top_stories/article/39432
Editor of AGNADL
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