When Do Appointments of Corporate Sustainability Executives Affect Shareholder Value?

August 26, 2020

As companies focus on sustainability, more and more corporate sustainability executives (CSEs) are joining top management teams across the U.S. There are obvious benefits, both environmental and otherwise, but does this make sense for the company financially?

To more deeply understand the shareholder value and operating performance effects of appointing CSEs (corporate sustainability executives), Georgia Tech researchers, including Dr. Manpreet Hora, Dr. Vinod Singhal, and Dr. Ravi Subramanian worked with Dr. Priyank Arora, University of Massachussets Amherst, to study the empirical link between CSE appointments and financial performance

Overall, their findings support the strategy of appointing CSEs to top management teams--and provides data to enable executives and stakeholders to comprehend the financial benefits of hiring CSEs.

View the abstract