A 360-degree approach to business management: ESG, risk and stakeholders
In a column published by Expansión, Pablo Jiménez examines the challenges companies face when making decisions in complex environments and under increasing stakeholder scrutiny from an ESG perspective.
In a column published by Expansión, our partner Pablo Jiménez examines the growing complexity of business management amid the expectations of shareholders, employees, consumers, suppliers, authorities and communities, as well as environmental, social and governance (ESG) risks.
Against the backdrop of Russia’s invasion of Ukraine in 2022, Pablo examines the dilemmas multinational companies may face when balancing legal obligations, business continuity, impacts on employees and consumers, and potential reputational consequences. The article uses this scenario to illustrate the challenges of making decisions in volatile and uncertain environments shaped by multiple stakeholder expectations.
The analysis emphasizes that there are no universally applicable answers to these situations. Executives and boards of directors must understand their operating environment, identify stakeholder expectations, understand their obligations and assess alternatives that enable them to manage risks and create long-term value in line with the organization’s purpose.
Read the full column in Expansión.
