The environmental, social and governance performance of a business is increasingly being recognized as relevant to its proper valuation. Investors, civil society, consumers and governments are demanding insight into the risks and opportunities that economic, environmental and social, challenges represent to a company. These stakeholders also want to know whether a company is working towards ever more sustainable development, incorporating it into its strategy rather than living from one quarterly statement to the next.
“Business, trade and investment are essential pillars for prosperity and peace. Through a commitment to corporate citizenship and the principles of the UN Global Compact, business in Pakistan can be an enormous force for good. Proactively managing environmental, social and governance issues is not only good for the success of business, but is also a practical way of addressing some of society’s greatest challenges, including poverty, climate change, equality and health. Companies that create and deliver value in the widest possible terms ultimately advance goals of cooperation, peace and development.”
“RBI’s Responsible Business Guide crystallizes and communicates insightful experience from some of the world’s leading companies, including many corporate stars from Pakistan that have moved from words to practice in establishing responsibility as a driver of their business strategies and success. These experiences can inform any company, irrespective of its size or sector or stage of development, in shaping their own unique pathway to success. Adapting and adopting proven practices can in turn accelerate performance improvements and drive businesses towards the fourth generation and overall business success.”
“The biggest asset that a corporation can accumulate is a good reputation for transparency and good governance. This is what makes a business attractive, among other things, as joint venture partner for foreign collaboration. This, for companies in developing economies opens doors for innovation and introduction to winning practices. As a bonus such a corporation attracts the best human talent”.