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| Topic: |
Business
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| Number of pages / Number of words: |
51 / 14232 |
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Fortunately, though, they are not really aimed at economic sustainability managers (ESMs), who instead have a relatively well-known (if limited and creaky) set of financial indicators to rely on. These are historical and focus mainly on turnover, profit, and for PLCs, market capitalisation and earnings per share (“It’s accurate, alright, but it’s pretty misleadingâ€)...
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Unfortunately, in a harsh climate where corporate actions and investor expectations are at an all-time high, companies that manage financial performance using only these narrow indicators risk premature death (“or even worse, a copy-cat hostile takeoverâ€).
4. No amount of excellent social and environmental performance will prolong the life of a company that is economically unsustainable, nor are green and community values necessarily good gauges for longevity (“The Sinclair C5 was a lean, green machine; it’s so unfairâ€);
5...
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