Judging a business - The Hindu BusinessLine : vimarsana.com

Judging a business - The Hindu BusinessLine


Judging a business
Giving back to society as vital as profit-making
In recent years, measuring the societal impact of business has become an increasingly important metric in judging the “worth” of businesses. Globally, in C-suites, boardrooms as well as within the investing community the contribution that businesses collectively and individually make to Sustainable Development Goals (SDGs) is seen as on a par with profitability, capital growth and dividends.
As such, pressure has been growing on companies to be seen to be giving back to society in a meaningful and measurable way. And this makes sense. Direct involvement from business shares the burden with government efforts. Direct involvement instils a sense of responsibility and well-being amongst employees. Consumers are increasingly conscious of the products they buy, and brands are increasingly working to align themselves with these views.

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