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"Outlast: How ESG Can Benefit Your Business" by Mukund Rajan and Col. Rajeev Kumar is a book that emphasizes the importance of Environmental, Social, and Governance (ESG) factors for businesses in today's world. Here are the product details for the book:
- Publisher: HarperBusiness
- Language: English
- Hardcover: 384 pages
- ISBN-10: 9354892124
- ISBN-13: 978-9354892127
- Item Weight: 320 g
- Dimensions: 23.9 x 3.5 x 17.1 cm
The book highlights the challenges and disruptions faced by businesses due to various factors, including black-swan events, global warming, and the COVID-19 pandemic. While external factors often receive blame for business failures, the authors argue that many of the root causes lie within the organizations themselves. These include short-term thinking, resource depletion, labor exploitation, and poor management.
To thrive and outlast their competition, businesses are encouraged to focus on improving their performance in material ESG metrics. This involves addressing environmental impacts (such as natural resource consumption and carbon emissions), social factors (including community engagement, diversity, and stakeholder relations), and governance practices (such as board effectiveness and executive compensation).
Implementing ESG factors in business operations can lead to benefits such as resource efficiency, cost reduction, risk mitigation, improved employee productivity, and increased investor interest. The book provides evidence and case studies to support these claims and presents ESG as a pathway to building resilience and achieving long-term success.
"Outlast: How ESG Can Benefit Your Business" serves as a timely and informative resource for corporate leaders and those aspiring to be part of the corporate world. It encourages businesses to embrace ESG principles as a strategy for a sustainable and prosperous future.
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