Driving Sustainability at Bloomberg L.P.
Posted: 10 Apr 2012
Date Written: September 28, 2011
Describes the addition of environmental, social and governance (ESG) performance indicators to the Bloomberg terminal. The initiative grew out of Bloomberg's broader sustainability initiatives and is an example of how committed employees can create positive social change within organizations. Issues highlighted in the case for discussion include: How can committed employees implement an innovative sustainability initiative within a large corporation? How can ESG data be more strategic for both Bloomberg and investors? And finally: How should the ESG data industry be structured, and what impact does ESG data have on the future institutionalization of sustainability?
Learning Objective: To examine organizational and institutional change process in the sustainability domain, and secondly the importance and economic impact of environmental, social and governance (ESG) metrics for diverse corporate stakeholders.
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