A proliferation of investment activity in environmental, social and corporate governance issues, or “ESG,” has wide ranging impact on company leaders as they consider the link between company integrity and performance. According to a December 2016 New York Times article, global investment index firm MSCI has experienced 20 percent annual growth in its annual ESG index and research revenues. Practically speaking, ESG is not just good business sense, but validates that company values and ethics can bolster performance, protect against unwanted risk and establish more trust with investors and consumers alike. This discussion with CEOs will examine why renewed commitment to ESG is not only financially savvy but ethically advanced.
Richard Fain, Chairman and Chief Executive Officer, Royal Caribbean Cruises Ltd.