2 - Inside ESG: Can businesses really marry profit and purpose?
The Story of Money23 Syys 2021

2 - Inside ESG: Can businesses really marry profit and purpose?

Milton Friedman, the renowned American economist and spiritual mentor of many entrepreneurs, argued that the social responsibility of business was to increase profits. This has been the gospel since the early 1970s, but companies and investors are beginning to rethink the purpose of business. Has the sun really set on the Miltonian era?


In the second episode of our special five-part series produced in partnership with the Moral Money team, Leila Abboud, the FT’s Paris correspondent, and Gillian Tett, the FT’s US editor-at-large, tell the story of Emmanuel Faber, the former CEO of Danone who embraced environmental, social and governance (ESG) causes - and then was ousted eight years later. Turns out there was more to the story than first meets the eye.


The fall from favour of Danone’s purpose-driven chief


Check out stories and up-to-the-minute news from the Moral Money team here.


Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg


Review clips: CNBC, Danone, British Pathé, IMAGINE, France 24

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

Jaksot(319)

The unicorn IPO

The unicorn IPO

What it means for a generation of tech companies with huge valuations to be making the shift to the public markets, and why some are doing it by unconventional means. Hosted on Acast. See acast.com/p...

12 Maalis 201918min

Encore: how €200bn of ‘dirty money’ flowed through a Danish bank

Encore: how €200bn of ‘dirty money’ flowed through a Danish bank

How did Denmark’s Danske Bank find itself at the centre of one of the largest money-laundering scandals the world has ever seen? The FT’s Richard Milne explains. This episode was originally published ...

5 Maalis 201917min

Encore: Huawei and the fight for 5G

Encore: Huawei and the fight for 5G

The arrest of Meng Wanzhou, Huawei's chief financial officer, followed months of mounting scrutiny of the world's biggest telecoms equipment maker. The FT's Nic Fildes explains how Huawei grew to be s...

26 Helmi 201920min

The long courtship between Sprint and T-Mobile

The long courtship between Sprint and T-Mobile

Sprint and T-Mobile have a long on-again, off-again history. Together the companies serve a combined total of about 30 per cent of the US mobile market. Now, after a third attempt at merging, the comp...

19 Helmi 201923min

Has the US bank consolidation wave begun?

Has the US bank consolidation wave begun?

Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival ba...

12 Helmi 201922min

Suspected £40m fraud at Patisserie Valerie

Suspected £40m fraud at Patisserie Valerie

Shares in the British bakery chain more than doubled from the time it listed on the London Stock Exchange in 2014 to late last year, just before it emerged that its accounts were largely fictitious. T...

5 Helmi 201922min

The leveraged loan market

The leveraged loan market

There is a corner of the credit market that has started to worry regulators - leveraged loans. How does the $1.2tn leveraged loan market work and why do some say it could pose a risk to the financial ...

29 Tammi 201921min

What next for Detroit's carmakers

What next for Detroit's carmakers

The future is on the line again for the carmakers known as the "big three": Ford, GM and what is now Fiat Chrysler. Ten years ago the question was whether the carmakers would survive the financial cri...

22 Tammi 201918min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
herrasmieshakkerit
rss-rentotapaus
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rahapuhetta
kultaiset-hoitajat
rss-lahtijat
rss-startup-ministerio
rss-tarkeista-asioista-2
rss-lain-elamaa
rss-markkinointiradio
rss-sisalto-kuntoon
rss-asiakaskokemusklubi