Strategic ESG is intended to
A)increase profits while doing something good at the same time.
B)follow Milton Friedman's guidance on firm behavior.
C)be purely altruistic in nature.
D)avoid the legal and ethical obligations managers have to shareholders.

Question

Quizplus · Accepted Answer

Strategic ESG involves incorporating environmental, social, and governance factors into a company's decision-making process with the aim of generating long-term sustainable value for both shareholders and other stakeholders. This means that while pursuing ESG objectives, the company also aims to increase profits, making it a strategic move rather than a purely altruistic one.

Strategic ESG Is Intended to