From the course: Corporate Finance: Environmental, Social, and Governance (ESG)

Holding businesses accountable for their impact

From the course: Corporate Finance: Environmental, Social, and Governance (ESG)

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Holding businesses accountable for their impact

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- [Jim] Worldwide, we are all becoming increasingly aware that companies conduct business activities that impact broader society, and these impacts go far beyond the profits shown in an accounting income statement. - [Kay] These companies are increasingly being held responsible for the impact of their activities on the environment, on people's lives, and on ethics and transparency. - [Jim] Companies are now scrutinized with respect to ESG, environmental, social, and governance issues, both what they're doing and how they are reporting what they are doing. - [Kay] In this course, we increase our understanding of ESG issues using specific company illustration. - [Jim] Apple, Walmart, Samsung, and Triodos Bank, an example of an ethical bank. - [Kay] Bank of America, Activision Blizzard, Fruit of the Loom, the United Nations, and Bakkafrost, a fish farming business located in the cold waters around the Faroe Islands, north of Scotland. - Ferrari, Rio Tinto, Amazon, and Ben & Jerry's, one of the original proponents of corporate social responsibility. Hi, I'm Jim Stice, I'm an emeritus professor in the business school at Brigham Young University. This is my brother Kay. - I'm also an emeritus business school professor at Brigham Young University. Join us as we introduce you to the increasingly important set of issues that fall under the heading ESG.

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