I invite you to read the article from USA Wire by Ian Monrow – “Impact of Post-2020 CSR Shift on Business and Stock Valuation” in Business, February 1, 2023 Reading Time: 7 mins
The 2020 Corporate Social Responsibility (CSR) shift has been a major driver of change in the way businesses interact with their stakeholders. This shift has had a direct impact on the stock valuation of companies, as investors are now looking for companies that have embraced this shift and are doing their part to create sustainable value.
The post-2020 CSR shift has forced companies to rethink their strategies and focus on long-term value creation instead of short-term profits. Companies are now increasingly investing in environmental, social, and governance (ESG) initiatives that can help them create sustainable value for all stakeholders.
This new focus on ESG initiatives is expected to have a positive impact on stock valuation as investors are likely to be more confident about investing in such companies. As such, it is important for businesses to understand the implications of this new CSR shift and take appropriate steps to ensure that they remain competitive in the long run.
“Many times, the road to success is sprinkled with obstacles of all shapes and sizes,” says Jorge Olson, co-founder and CMO of two publicly traded companies, Hempacco and Green Globe International. He is part of a generation of entrepreneurs and marketing experts that have had their careers wildly influenced by the pandemic, economic upheaval, and social justice matters. “The drive to continue when things get hard is not natural. You need to cultivate it and change your perspective on problems, business, and life,” Olson explains.
“I believe entrepreneurs have an obligation to leave the world better than how we found it,” he explains. “We’re a green company and want to pressure the entire industry to think before they contaminate.” Olson is also concerned about providing a workplace that considers the needs of employees. “I feel an enormous responsibility for my employees, and I want to make a difference in their life and the life of their families. I try to mentor and offer a great place to work.”