Many big financial institutions now accept socially and environmentally responsible investment policies, but this can alter the dynamics of their stakeholder relationships, says Matthew Yeomans
Today’s forward thinking financial institutions have come to understand the importance of sustainable management and investing strategies as a good business risk.
At the same time, a commitment to ethical and sustainable business brings with it a new set of challenges – not least the institution’s relationships with its stakeholders.
Describing Barclays’ commitment and approach to corporate responsibility, group vice-chairman Gary Hoffman highlights the important role played by consumers.
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