The Difference Between Purpose and Sustainability (aka ESG)

corpgov.law.harvard.edu

Robert Ecclesさん、Colin Mayerさん、Judith Stroehleさんが投稿しています。

Purposeとsustainabilityの違いは、以下

The purpose of a company “is to produce profitable solutions to problems of people and planet,” while at the same time “not profiting from producing problems for people or planet”—a failure in sustainability.

DanoneとExxonMobilは、

Companies that are making investments in sustainability while failing to produce profitable solutions to people and planet are also failing in purpose.　→　Danone

Companies that are profitable while degrading the environment and society are focused on profits, not purpose.　→ExxonMobil

後半は、ShellやEngineNo.1などのアクティビストの例を挙げ、

there is a newly emerging industry of activist investors hungry to target not just financial underperformance but what it means to be sustainably profitable.　と締めくくっています。

さっと読むにはすこし重い気がしますが、しっかり理解していきたいと思います。