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January 13, 2022 | Chart
ESG Priorities: Shifting to a Stakeholder Focus
The shift away from a shareholder focus to a broader group of stakeholders is tangible and is affecting decisions at the board and C-suite level. Our C-Suite Outlook 2022 finds a focus on environmental and social issues, equity, inclusion, employee well-being, workforce management, and community impact.
Few (if any) CEOs can successfully run a company for the long term with shareholder interests as their sole management goal. Stakeholder capitalism—the essence of which is that businesses should serve the long-term welfare of multiple constituents, not just shareholders—has been embraced by business leaders, investors, and governance practitioners alike.
