Material ESG Outcomes and SDG Externalities: Evaluating the Health Care Sector’s Contribution to the SDGs

Organization and Environment - Tập 33 Số 4 - Trang 511-533 - 2020
Costanza Consolandi1, Himani Phadke2, Jim Hawley3,2, Robert G. Eccles4
1University of Siena, Siena, Italy
2TruValue Labs, San Francisco, CA, USA
3Saint Mary’s College of California, Moraga, CA, USA
4University Of Oxford, Oxford, UK

Tóm tắt

The 17 UN Sustainable Development Goals (SDGs) have created a framework for environmental and social impacts, which institutional investors and corporations are using to guide resource allocation or highlight SDG-aligned investments already in place. We argue that the SDGs have clarified certain elements predominantly missing or implicit in many environmental, social, and governance (ESG) standards, specifically focusing on companies’ E and S externalities. Methodologically, we analyze how health care companies contribute to SDG 3 on health and well-being as a case, mapping the goal’s targets to the Sustainability Accounting Standard Board’s (SASB’s) 30 generic ESG issues and considering both financially material and immaterial ESG issues, based on SASB. Using an innovative data set, we highlight where private sector firms contribute to SDG impacts and where their financial priorities might lie. Where firms are either not contributing or perhaps unable to, we point to the need for public sector activities.

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Organization and Environment

Tập 33 Số 4

511-533

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