Stewardship Asia Centre CEO says a company’s failure to take care of society is a failure to take care of its stakeholders.
“This means using that capital and their influence to shape better corporate behaviour towards E , S , and G , to sustain long term value creation,” he explained during an exclusive interview with Singapore Business Review. Based on a McKinsey Global Institute survey, companies with a long-term view can get up to 36% and 47% higher earnings and revenue, respectively.
“Unlike organisations that set up separate departments to manage digital transformation, DBS instituted systemic changes across the organisation. It focused on building a culture that embraced technology, encouraged innovation and digitisation,” SAC said.
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