How do you make your money? Does your business have morals? The world is changing, says Alison Taylor, Clinical Professor at NYU Stern School of Business and Executive Director at Ethical Systems. People care, consumers care, employees care, everyone has started caring more. And if you want to futureproof your organization, you need to put morals back into it.

It's not about how much money a company makes now, it's about how you make your money, and who wins and who loses while you’re doing that.

A company needs to grow and make profit to survive, says Alison, that is not a debatable point. Just as human beings need a beating heart to survive. But a human being does not exist solely to be a vehicle for its beating heart, in the same way your company can no longer solely make profit to survive, you need to find another reason to exist.

To find out more, download and listen to this episode of Summa & Friends.

On today’s podcast:

Why ESG and sustainability are not the same thing
Is ESG a moral issue?
How to do governance - best practice advice
The future for ESG
The problem of ethics and morals with ESG

Hosted on Acast. See acast.com/privacy for more information.

Ep #16: How Businesses Can Do the Right Thing