The Objective Value of ESG
FutureCIO, Monday, November 27,2023
Back in May, we held our annual Supply Chain Leaders Forum, gathering COOs and heads of supply chain from across industries to focus on the big trends and issues facing our community, society and planet. Our CEO keynote was delivered by Alan Jope of Unilever.
One of Jope's key messages was that being purpose-driven is also good for business - powering growth, lowering long-term costs and attracting and retaining the best talent. At the time, he was on the cusp of retiring - which he did in June - hoping that part of his legacy would be proving this direct connection between people, planet and profit.
Jope also made clear that Unilever is not an NGO. It's pursuing sustainable business practices out of enlightened self-interest and a strong business case. Part of the company's 'Compass' strategy recognizes that brands with a stated purpose grow faster than those without.