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In 2013, Nokia’s mobile phone business was sold to Microsoft. The driving force behind digital transformations is adopting and implementing digital technologies to processes, products, and assets to improve efficiency, enhance customer value, managerisk, and uncover new monetization opportunities.
carbon emissions, pollution, resource use), how it manages its stakeholder relations (e.g., alignment of management incentives and board structure). Some of these managers signal their acceptance of ESG investment principles by signing pledges such as the Principles for Responsible Investing (PRI), the U.N.-supported
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” Improving riskmanagement. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. Disruptions in the supply chain may affect production processes that depend on unpriced natural capital assets such as biodiversity, groundwater, clean air, and climate.
Vanguard holds more than $3 trillion in assets, making it the equivalent of the world’s fifth largest country in GDP, ahead of France. and with half of its fund assets indexed, it is not going anywhere if it does not like its portfolios’ strategies or results. .”
One possible reason is that the financial crisis and the recessionary period that followed have driven corporations to skew their board appointments towards including more riskmanagement and conventional corporate experience, at the expense of more tech-savvy and digital knowledge. years in 2013 from 60.3
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