Alex Baldock: ‘Shareholder value isn’t in conflict with good corporate citizenship’

Alex Baldock

‘Purpose’ and ‘ESG’ (environmental, social and governance) are buzzwords on everyone’s lips. We all know, don’t we, that companies aren’t just about making money any more.

Surely, then, shareholders must be content with lower returns as companies spread the goodies more widely in society, as good corporate citizens must.

“It’s not about shareholder value any more” as I heard one chief executive put it recently. Companies have rushed to craft uplifting purpose statements, and an ‘ESG strategy’, to sit (often uneasily) alongside their commercial strategy. Surely this is all to the good?

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.