Environmental, Social, and Governance (ESG) standards—used to monitor socially conscious company behaviour—are increasingly used by investors and other stakeholders to determine their actions.
Consequently, organizations have been making strategic decisions based on their ESG impact. Yet the true value of ESG is being obfuscated by false and misleading myths and genuine ESG efforts are being undermined.
In this webinar Walid Hejazi, Professor of Economic Analysis and Policy, Rotman School of Management and two senior corporate ESG executives, counter these myths and discuss how ESG can have a broad positive affect on both social good and financial performance.
The speakers go through four key myths surrounding ESG, and also reference what they are seeing in the organizations they work with on the effort to change culture and embed ESG.
ABOUT THE SPEAKERS
Walid Hejazi is Professor of International Business, and Economic Analysis and Policy, at the Rotman School of Management, University of Toronto. He is Academic Director of Rotman Executive Programs, a Fellow of the Michael Lee-Chin Family Institute for Corporate Citizenship, and member of the Board of Directors of the David & Sharon Johnston Centre for Corporate Governance Innovation. His research focuses on the development of strategies that enhance the ability of companies to compete in domestic and global marketplaces.
Andrea Barrack is Senior Vice President, Corporate Citizenship & ESG at RBC Royal Bank Of Canada, responsible for RBC’s global Citizenship strategy. Her mandate includes delivery of measurable social, employee, brand, and business impact through community investments. Andrea is responsible for RBC’s ESG strategy, reporting, and scaling knowledge across the enterprise. She also serves as the Executive Director of the RBC Foundation, one of Canada’s largest corporate donors.
Susan McGeachie is Head, BMO Climate Institute at BMO Financial Group. BMO Climate Institute, brings together science, economics and policy expertise to understand and manage the financial risks and opportunities related to climate change for BMO’s clients and the bank. She is a member of the Canadian Climate Governance Experts panel and was recently named one of twenty-six Canadian Climate Champions by the Canada Climate Law Initiative and the British High Commission ahead of COP26.