According to new research from the University of Georgia, CEOs whose firms face Environmental Protection Agency (EPA) enforcement actions suddenly become “toxic” in the elite executive labor market.
They are more likely to lose their jobs and see a significant drop in landing lucrative seats on corporate boards of directors. In the job market for top executives, a history of pollution sticks to a CEO’s name, not just the company’s ledger.
In May, Terry College of Business students traveled to Sweden, Finland and Denmark to see how a region with a radically different regulatory structure and cultural norms support a booming innovation ecosystem.
Debates about ESG or corporate social responsibility (CSR) campaigns often pit a company’s shareholders against its stakeholders, but evidence from the markets paints a different picture.
Pressure from investors, in the form of lawsuits and shareholder proposals, has the potential to remake the legal landscape and force companies to disclose and address climate risks.
Corporate reporting standards for environmental, social and governance issues are evolving in the United States. But in the European Union, ESG reporting is already a way of life for most big companies.