Fostering Greater Enterprise Success Through Ethical and Responsible Actions.
The Institute is founded on the proposition that businesses can “do good” and “do well” simultaneously and, indeed, there is growing evidence that companies with positive social and ethical reputations can actually fare better financially than companies with negative public perceptions. This is particularly true with regard to customers who increasingly are unwilling to do business with companies that do not behave in a fair, honest, and responsible manner.
Similarly, investors are increasingly drawn to companies with ethical and transparent reporting practices. In dealing with each other, it goes without saying companies needs a high level of mutual trust and confidence in order for the free market economy to function effectively.
Moreover, the best and brightest young people are increasingly attracted to work for companies they can respect and admire—employers they can be proud to say they work for (thus, even today, ethical and responsible practices are becoming a necessity for success in recruiting top talent).
Finally, companies with high environmental standards, progressive employment policies, and ethical financial and governance practices may lower the threat of intrusive regulations that can—and often do—reduce organizational innovation, creativity, productivity, innovation and growth.
Hence, the focus of the Institute is on creating and disseminating the cutting edge research and best practices its corporate sponsors can put into practice to improve both their social and financial performance.