CSRHub Blog Research on ESG metrics and comments on sustainability best practice

The Virtuous Quadrant

[fa icon="calendar'] Jul 6, 2010 4:43:00 PM / by Bahar Gidwani

Can businesses maximize both their profits and the social benefits they create?  Or, do economic and social profits compete with one another?  100+ years of literature and lore have trained us to believe that businesses can’t optimize both their profits and their social benefits.  From Upton Sinclair (e.g., The Jungle) and Charles Dickens (A Christmas Story), through Erin Brockovich and The Informant!, we have heard of countless examples of horrors that can be caused by corporate greed and money-grubbing.However, a number of people seem to believe that this paradigm can be broken.

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[fa icon="comment"] 0 Comments posted in Bahar Gidwani, corporate social responsibility, CSR, CSRHUB opinion, Harvard Business School Club, social benefits, paradigm shift, Ali Hanna, Carter Bales, optimize for profit, socially positive businesses, Virtuous Quadrant

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