News Formal

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

  • 📰 FT
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Why is the consumer goods group backpedalling on responsible-business targets? Explore the issues with this ‘instant case study’

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 113. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: OilandEnergy - 🏆 34. / 68 Läs mer »

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
Källa: Daily_Record - 🏆 9. / 89 Läs mer »

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.
Källa: ShropshireStar - 🏆 98. / 51 Läs mer »

– 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
Källa: TheSun - 🏆 64. / 61 Läs mer »