Company sustainability committees can satisfy stakeholders without results, study finds

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

New research suggests that a company’s market value is positively linked to climate change initiatives, but the actual outcome of sustainability measures is less important than the optics they create, blurring the line between environmental improvements and corporate greenwashing.

, which reviewed 592 firms from 35 countries that have operated between 2002 and 2019 – 17 years that saw a drastic transformation in public perception toward climate change.

The research attempted to investigate the effects of carbon reduction measures and the actual outcome of these measures amidst companies operating in various national economies. The data also considered the effects of carbon-reduction measures being moderated by company sustainability boards. “The presence of a board sustainability committee — which plays a crucial role in designing environmental initiatives and introducing best sustainability management practices — was also associated with higher greenhouse gas emissions,” read a press release.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 1. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Investors pump money into CI Financial funds, but company reports lossThe company reported fourth-quarter earnings on Friday and saw a net loss of $9.5-million, a major decline from $124-million in profit for the same quarter in 2021
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

North Carolina magnate accused of scheme to skim company fundsCHARLOTTE, N.C. (AP) — A North Carolina business magnate has been indicted again on federal criminal charges, this time on accusations that he conspired to…
Источник: OttawaCitizen - 🏆 21. / 68 Прочитайте больше »

Ex-worker says Victoria catering company accused of fraud owes him tooThe former Toque Catering employee says three cheques bounced, and that when he was paid he put it back into the company to stay afloat.
Источник: CHEK_News - 🏆 59. / 55 Прочитайте больше »

Chapman's ice cream picks small Indigenous company for first ever collabA huge company we're all familiar with is doing a collaboration for the first time in decades of its operation, and the Ontario business they've ch... In terms of business, community involvement and social justice decisions this company continues to hit it out of the park, every damn time Maple syrup swirl?
Источник: blogTO - 🏆 44. / 63 Прочитайте больше »