Business should create shared value that propels sustainable social impact
30 May 2021 - 16:44
SA businesses are increasingly recognising the need to support their stakeholders’ social value while creating business value. They are also quickly realising that unaddressed social risk can rapidly escalate into material business and financial risks.
The ratings agencies have identified SA as one of the sovereigns whose credit ratings are affected by a negative outlook for social risk, making the need to tackle societal issues more pressing. Environmental risk is rated moderate due to the significant effort put into the governance and financing of climate initiatives...
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