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Sustainability: The Growing Importance of ESG Metrics

Tom Spencer

Environmental, Social, and Governance (ESG) metrics have emerged as critical tools for companies to measure and communicate their sustainability efforts. These metrics are increasingly influencing business decision-making and thus shaping corporate reputation in a way that impacts customer loyalty and financial performance.

Metrics 78
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Don’t Be Tyrannized by Old Metrics

Harvard Business

While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.

Metrics 28
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Why CEOs Should Share Their Long-Term Plans with Investors

Harvard Business

But such a change would probably not change how resources are allocated or businesses operate. Tomorrow, another three companies — IBM, NRG Energy, and GSK — are presenting their long-term plans. By contrast, forward-looking metrics were rarely provided for issues underlying the corporate governance theme.

Metrics 52
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Virgin Atlantic Tested 3 Ways to Change Employee Behavior

Harvard Business

An estimated 21% of carbon emissions in the United States are attributable to companies, and yet to date there is scant research on how to make firm operations more efficient in terms of reducing pollution. Changes in their behavior led to both lower carbon dioxide emissions (by 21,500 metric tons) and an estimated $5.4

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How Our Company Connected Our Strategy to Sustainability Goals

Harvard Business

Our Climate Commitment is one way we help solve the unsustainable demand for energy resources and its impact on the environment. However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. What lessons can we share?

Company 53
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Sustainable Supply Chains Reduce Environmental Footprint

Tom Spencer

Companies are adopting various strategies to make their logistics more efficient and environmentally friendly. Amazon , for example, uses algorithms to determine the most efficient delivery routes for its drivers, minimizing travel distances and time. Walmart has set ambitious goals to enhance sustainability across its supply chain.

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What the Companies on the Right Side of the Digital Business Divide Have in Common

Harvard Business

While some have invested significantly in technology, operational, and cultural changes, others are lagging behind. Other financial and operating indicators showed similar disparities. The broad deployment of digital technology requires rethinking both business and operating models. for leaders and 3.2% for laggards.

Company 28