Harvard Law School Forum on Corporate Governance (September 18)
ESG “is not a unitary principle or even a collection of a fixed set of particular principles. Rather, ESG encapsulates the range of risks that all corporations must carefully balance, taking into account their specific circumstances, in seeking to achieve long-term, sustainable value.” The ESG label may be new, but “corporate boards and management have long considered ESG factors and risks in setting and executing strategy…. Doing so is associated with superior financial results, and consistent with long-accepted norms as to the place of business in society.”
Tags: Balance, Boards, Circumstances, Corporations, ESG, Financial results, Fixed, Management, Principle, Range, Risks, Society, Strategy, Sustainable, Value
Chicago Tribune (October 8)
“President Barack Obama’s decision to skip a trip to Asia … was understandable given the circumstances, but it also has consequences. This is a crucial moment in America’s negotiations for free trade with Asia, and Obama is 10,000 miles away from the action.”
Tags: Asia, Circumstances, Consequences, Free trade, Negotiations, Obama, U.S.
