Publication:
Redefining Value : The Future of Corporate Sustainability Ratings

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dc.contributor.authorWhite, Allen L
dc.date.accessioned2014-02-12T19:40:44Z
dc.date.available2014-02-12T19:40:44Z
dc.date.issued2012
dc.description.abstractCorporate sustainability ratings are a potentially powerful but still underused tool for building a competitive, socially purposeful, and financially sound enterprise. In a globalizing world replete with business opportunities and risk, corporate boards continually need to reappraise what constitutes good governance. Traditional board duties pertaining to strategic oversight, executive compensation, and financial auditing will remain integral for the foreseeable future. But these alone will not suffice in a time when the prosperity of companies is inextricably linked to issues such as reputation, brands, supply chain management, quality and quantity of human and intellectual capital, protection of human and labor rights, and climate change. Such emergent issues are part of a historical moment in which the role of companies in fostering societal and ecological well-being at the global, national, and local levels is under increasing scrutiny. These are conditions that fuel intensifying public discourse concerning corporate social responsibility, sustainable capitalism, shared value creation, and other linked concepts that challenge the conventional wisdom that positions shareholder value as the paramount measure of company success. Indeed, sustainability is not new to the two common definitions of corporate governance: (i) the actual behavioral patterns of corporations in terms of efficiency, growth, financial structure, and other attributes; and (ii) the normative framework within which firms operate in terms of legal systems, financial markets, and labor markets.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/01/17630274/redefining-value-future-corporate-sustainability-ratings
dc.identifier.doi10.1596/17040
dc.identifier.urihttps://hdl.handle.net/10986/17040
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPrivate Sector Opinion;no. 29
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectASSET MANAGERS
dc.subjectAUDITS
dc.subjectBEST PRACTICES
dc.subjectBOND
dc.subjectBUSINESS MODEL
dc.subjectBUSINESS OPPORTUNITIES
dc.subjectBUSINESS SECTORS
dc.subjectBUSINESSES
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL MARKETS
dc.subjectCARBON DISCLOSURE
dc.subjectCARBON EMISSIONS
dc.subjectCEO
dc.subjectCOMPANY
dc.subjectCOMPANY BEHAVIOR
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVENESS
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONGLOMERATE
dc.subjectCOOPERATIVES
dc.subjectCOPYRIGHT
dc.subjectCORPORATE BOARDS
dc.subjectCORPORATE DIRECTORS
dc.subjectCORPORATE DISCLOSURE
dc.subjectCORPORATE EXECUTIVES
dc.subjectCORPORATE GOVERNANCE REFORMS
dc.subjectCORPORATE SOCIAL RESPONSIBILITY
dc.subjectCORPORATE STRATEGY
dc.subjectCORPORATE SUSTAINABILITY
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCREDIBILITY
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCUSTOMIZATION
dc.subjectDERIVATIVE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKETS
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectFIDUCIARY DUTIES
dc.subjectFIDUCIARY DUTY
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL CAPITAL
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL METRICS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL REPORTS
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL STRUCTURE
dc.subjectFIRMS
dc.subjectFIXED INCOME
dc.subjectGLOBAL COMPACT
dc.subjectGLOBAL CORPORATE GOVERNANCE
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL SUPPLY CHAINS
dc.subjectGOLD STANDARD
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNANCE PRACTICES
dc.subjectHOLDING
dc.subjectHOLDING COMPANIES
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RIGHTS
dc.subjectINDIVIDUALS
dc.subjectINFORMATION DISCLOSURE
dc.subjectINNOVATION
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSTRUMENT
dc.subjectINTANGIBLE
dc.subjectINTANGIBLE ASSETS
dc.subjectINTELLECTUAL CAPITAL
dc.subjectINTERNATIONAL ACCOUNTING STANDARDS
dc.subjectINTERNATIONAL CORPORATE GOVERNANCE
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL LABOUR ORGANIZATION
dc.subjectINVESTING
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT RATING
dc.subjectIPO
dc.subjectLABOR MARKETS
dc.subjectLACK OF TRANSPARENCY
dc.subjectLEGAL SYSTEMS
dc.subjectLICENSES
dc.subjectLIMITED
dc.subjectLOCAL INSTITUTIONS
dc.subjectMANAGEMENT SYSTEMS
dc.subjectMANAGERS
dc.subjectMATERIAL
dc.subjectMATURITY
dc.subjectNATURAL CAPITAL
dc.subjectNEWSLETTER
dc.subjectNONGOVERNMENTAL ORGANIZATIONS
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO MANAGEMENT
dc.subjectPORTFOLIOS
dc.subjectPRIVATE SECTOR
dc.subjectPROCUREMENT
dc.subjectPROPRIETARY
dc.subjectQUERIES
dc.subjectREGULATORS
dc.subjectREPUTATION
dc.subjectRETURN
dc.subjectSECURITIES
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER VALUE
dc.subjectSOCIAL CAPITAL
dc.subjectSOCIAL ENTERPRISES
dc.subjectSOCIAL INDEX
dc.subjectSOCIAL INVESTMENT
dc.subjectSOCIAL MISSION
dc.subjectSOCIAL NETWORKS
dc.subjectSOCIAL PERFORMANCE
dc.subjectSOCIALLY RESPONSIBLE INVESTMENT
dc.subjectSOCIETY
dc.subjectSPONSORS
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectSTANDARDIZATION
dc.subjectSTOCK EXCHANGES
dc.subjectSTOCK MARKET
dc.subjectSTORE
dc.subjectSUBSIDIARY
dc.subjectSUPPLIERS
dc.subjectSUSTAINABILITY INDEX
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTARGET COMPANIES
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTELEPHONE
dc.subjectTRANSPARENCY
dc.subjectTRUSTS
dc.subjectUSER
dc.subjectUSER GROUPS
dc.subjectUSERS
dc.subjectVALUE CHAIN
dc.subjectVERIFICATION
dc.subjectVOLATILITY
dc.subjectWEALTH CREATION
dc.titleRedefining Value : The Future of Corporate Sustainability Ratingsen
dspace.entity.typePublication
okr.date.disclosure2013-04-25
okr.date.doiregistration2025-04-29T10:37:40.935487Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/01/17630274/redefining-value-future-corporate-sustainability-ratings
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid701811468182330425
okr.identifier.externaldocumentum000445729_20130425160435
okr.identifier.internaldocumentum17630274
okr.identifier.report76971
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/04/25/000445729_20130425160435/Rendered/PDF/769710BRI0Box374393B00PUBLIC00IFC0PSO029.pdfen
okr.topicPrivate Sector Development::E-Business
okr.topicLaw and Development::Corporate Law
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.unitCorporate Governance Forum (CESGF)
okr.volume1 of 1
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