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Given the pace of complex social and economic developments, corporations face higher expectations to be more responsive. Increased awareness around climate change, racial and social equity issues, as well as COVID-19 has changed the way many companies think about environmental, social and governance (ESG) issues. Gone is the time when companies existed only for profit; today, there is growing pressure from various stakeholders, such as investors, employees, customers and the wider community, for companies to engage and help resolve the issues that impact society and the planet – in short, to do good as well as profit from the goods and services produced.

Given this backdrop, companies need to re-examine and perhaps redefine their corporate purpose in ways that add greatest value. Corporate purpose is a company’s rationale for why it exists and how it is beneficial to society. A clear purpose statement is intended for everyone connected with the brand, from investors and shareholders to employees and customers. At the same time, it sends a powerful signal to the wider community that it aligns itself with society’s values. 

Corporate purpose with a focus on ESG metrics is also transforming corporate governance. Formerly, boards focused on regulation and compliance. Now boards need to better understand societal change, and take the lead in developing strategy that drives the new corporate purpose of doing good while building a profitable and sustainable business.
 
Join us in discussion with two prominent thought leaders:

Brian Gallant, QC and Catherine McCall, ICD.D

Presenters

Brian Gallant Headshot
Catherine McCall Headshot
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