Corporate Purpose Gains Ground

Ana Medina Lopez of Expansion covers SquareWell’s latest Insight on Corporate Purpose – “Making Corporate Purpose Tangible”. As pointed out in her article, investors believe that corporate purpose, which expresses a company’s commitment to all stakeholders, should guide strategy and be aligned with the United Nations Sustainable Development Goals (US SDGs).

Highlighting in her article, Ana Medina Lopez points out that fewer than a quarter of investors (21%) have incorporated a company’s purpose assessment into their analysis of environmental, social and governance (ESG) risks and opportunities, but another 28% are considering to incorporate it. And, while a quarter suggested that they will not oppose any item on the agenda of the shareholders’ meeting if they are not satisfied with the purpose or its implementation, they consider opposing other agenda items such as the election of board members, including its Chair person (38%).

You can access the full article here (in Spanish).