Companies can play a key role in combating poverty, creating value and jobs
while doing business.
An increasing number of corporations and financial institutions are incorporating Corporate Social Responsibility, CSR, ESG, Human Rights principles into their structures, polices and culture, aiming for high ethical standards in their relationship with stakeholders; employees, investors, consumers and society.
Such corporations can play a critical role in development. There are still other corporations that might contribute to some charity initiatives but pay little attention to their impact on people and nature.
Rio Monte makes it easier for customers, investors and people in general to follow corporations and their social and environmental impact by preparing summaries, providing links to Sustainability Reports and analysis and references to companies, blogs and magazines specialized in CSR.
CSR is Good Business
A research team at Harvard Business School could, with a sample survey of 180 companies, show that High Sustainability companies (with a governance structure that takes into account the environmental and social performance of the company) significantly outperform their counterparts over the long-term, both in terms of stock market and accounting performance. See The Impact of a Corporate Culture of Sustainability on Corporate Behaviour and Performance.