Developments in the management of ESG issues
This study aims to address the evolution of listed companies' environmental and social commitments over the last three years, highlighting the need to move from ESG management to business impact management.
To this end, the report has been structured as follows:
- Firstly, there have been analysed the environmental and social commitments of 85 Spanish listed companiesincluding all IBEX 35 companies and another 50 companies listed on the continuous market, and their evolution with respect to 2020.
- This was followed by a analysis of companies that measure and manage the social and environmental impact they generate so that they can serve as a reference for others.
The findings confirm the growing commitment of listed companies to ESG management compared to previous years and how they are migrating to business models that take into account the different stakeholders and the impact generated on them.
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Conclusions
Purpose is gaining momentum in business
AND ONE 67% OF THEM HAS A DEFINED PURPOSE.
The CEO and the management team are responsible for embedding the Purpose in the company.
For 72% of the survey respondents
It is a lever to attract talent
WHY 8 OUT OF 10 EXECUTIVES PREFER TO WORK IN A PURPOSE-DRIVEN COMPANY
The main barrier to activating the Purpose is the urgency of other internal issues.
Followed by the lack of standardised indicators.
Purpose is perceived as an element that brings value to the business.
AND CONTRIBUTES TO IMPROVING ITS PROFITABILITY
The Purpose is more relevant today because of COVID and environmental issues.
For more than half of the respondents
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