The C-Suite's Social Responsibility
The phrase ‘social responsibility’ comes with some heavy lifting, especially in the corporate world. Often, the C-suite will tack on these obligations to the corporate social responsibility (CSR) team, leaving the assumption that the rest of the company is off the hook. However, there are layers of issues with this narrative.
Unfortunately, these social initiatives don’t come with a low price tag. As of 2019, the global impact investing market has reached close to $505 billion — considerable, right? But it pales in comparison to the nearly $176 trillion that’s needed to address the UN’s 17 Sustainable Development Goals.