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  • Thinking Ethics was a project launched in Geneva to foster the debate about ethics. A few friends, fed up with only reading about abuses in the media, decided to hold a forward-looking seminar on five subjects: ethics and performance, ethics and knowledge, ethics and consciousness, ethics and disobedience and ethics in real time. If moral has to do with right and wrong, then ethics is its application in society. We believe that people need to talk about the subject to determine the level of ethics they want. The book Thinking Ethics, a result of the seminar, is to start the discussion. This blog is a contribution to the conversation.
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  • Andrea Spencer-Cooke
  • Pascal Marmier
  • Kelly Richdale
  • Stephen Whittle
  • Steve Bowbrick
  • Beth Krasna

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July 10, 2007

The business case for sustainability - a study by Goldman Sachs

At the UN Global Compact summit, Goldman Sachs released a thorough analysis of  sustainable practices in various industries and their relationship to stock prices. The research arm of GS found that the companies that have put in place solid environmental, social and good governance policies perform better than the traditional stock market. The report (179 pages) can be accessed here. It contains excellent graphs and information on the latest research on the role of businesses in solving today's global issues.

Goldman Sachs has embraced sustainability in various ways. Their new headquarters in New York City will be a state-of-the-art green building. They are integrating the protection of the environment and the reduction of emissions in their main business (investment banking) and they have also started a think tank (Center for Enviromental Markets) to develop a better understanding of the relationship between business and social impact. 

Posted by on July 10, 2007 at 03:17 AM in Corporate Social Responsibility |

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