Christopher J. Policinski
Director
Hormel and Xcel Energy; Former Land O’ Lakes CEO.
SESSIONS
Should a Corporation Have a Social Purpose? – Speaker
There is an intensifying drumbeat for companies to consider more than just profits and focus on social good. But that encompasses so many constituencies and so many needs within and outside of organizations. We set out to define social purpose and consider how far directors should and can go in serving all stakeholders, beyond just shareholders.
Takeaways:
- What does the “S” in ESG mean?
- Defining and balancing shareholder and stakeholder needs and desires
- What is the corporation’s role in social justice, diversity, equality, inclusion and income inequality?
- What time frame should be the focus?
- Strategies on addressing the decline of gain-sharing between employees and management
- Should the board ultimately be accountable for ESG and measured and compensated on ESG performance?