Ignorer la navigation
What Companies Can Learn from World Leaders in Societal Impact
Article

What Companies Can Learn from World Leaders in Societal Impact


résumé audio créé automatiquement
résumé audio créé automatiquement

Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • For Experts

Recommendation

In 2017, the Boston Consulting Group released its first report on “total societal impact,” arguing that social responsibility – not just shareholder value – should drive company strategy. Simply put, socially and ecologically responsible companies get better financial results. This follow-up report, published in 2019, highlights thriving Nordic companies that serve as role models of sustainable business practices and lends weight to the argument for corporate responsibility.

Take-Aways

  • Nordic companies lead the world in “total societal impact” (TSI) due to visionary leaders and influential and sympathetic external stakeholders.
  • Nordic firms actively lead and collaborate for better TSI and build it into their core business.
  • Nordic firms publicly report on environmental, social and governance matters.

About the Authors

Douglas Beal, Fredrik Lind, David Young, Matias Pollmann-Larsen, Adam Alagiah-Glomseth and Ingrid Lundestad are professionals with the Boston Consulting Group.