Business school teaching case study: Unilever chief signals rethink on ESG

In April this year, Hein Schumacher, chief executive of Unilever, announced that the company was entering a “new era for sustainability leadership”, and signalled a shift from the central priority promoted under his predecessor, Alan Jope. While Jope saw lack of social purpose or environmental sustainability as the way to prune brands from the portfolio, Schumacher has adopted a more balanced approach between purpose and profit.

One leading bond fund manager even suggested to the FT that “ESG will be dead in five years”. Media reports on the adverse impact of ESG controversies on investment are certainly now more frequent. For example, while Jope was still at the helm, the FT reported criticism of Unilever by influential fund manager Terry Smith for displaying sustainability credentials at the expense of managing the business.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Profits Over ESG as Supermajors Pivot Back to Their Core BusinessEurope's Big Oil majors are reversing the course from three years agobecause, picking profit over ESG investments as they try to catch up with their U.S. counterparts
مصدر: OilandEnergy - 🏆 34. / 68 اقرأ أكثر »

Business & Consumer news Scotland, UK & world - The Daily BusinessCatch up on the latest business news. Reports on business in Scotland, UK and world business. Essential news on businesses and business people
مصدر: Daily_Record - 🏆 9. / 89 اقرأ أكثر »

Why county farm food business served Shropshire salumi at key Downing Street summitA multi-award-winning Shropshire business provided the catering for the Prime Minister's guests at the Farm to Fork Summit at Number 10 Downing Street.
مصدر: ShropshireStar - 🏆 98. / 51 اقرأ أكثر »

– why I always fly economy even though I can afford business class flights...The seat you should always pick on planes if you want to increase your chances of sleeping
مصدر: TheSun - 🏆 64. / 61 اقرأ أكثر »