Doing well by doing good: The role of Mexico's firms in achieving sustainable and inclusive growth
The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance. Firms could contribute through three different approaches: philanth...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2017
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Schriftenreihe: | OECD Economics Department Working Papers
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance. Firms could contribute through three different approaches: philanthropic activities not related to the firm's activities through which businesses seek to contribute to improving social and environmental conditions; initiatives related to the firm's operations to diminish their negative impacts and to strengthen those that are positive; and development of innovative products and services. Particularly in the latest two approaches, firms themselves stand to benefit in terms of business opportunities, cost reduction, and consumer loyalty. This paper analyses how Mexican firms perform in terms of environmental, social, and governance practices. The paper provides evidence suggesting that contributing to sustained and inclusive growth brings several financial and productivity advantages to firms. This Working Paper relates to the 2017 OECD Economic Survey of Mexico (www.oecd.org/eco/surveys/economic-survey-mexico.htm) |
Beschreibung: | 1 Online-Ressource (16 Seiten) |
DOI: | 10.1787/7dd74eb4-en |
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spelling | Gabriel, Mabel Verfasser aut Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth Mabel Gabriel ... [et al] Paris OECD Publishing 2017 1 Online-Ressource (16 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance. Firms could contribute through three different approaches: philanthropic activities not related to the firm's activities through which businesses seek to contribute to improving social and environmental conditions; initiatives related to the firm's operations to diminish their negative impacts and to strengthen those that are positive; and development of innovative products and services. Particularly in the latest two approaches, firms themselves stand to benefit in terms of business opportunities, cost reduction, and consumer loyalty. This paper analyses how Mexican firms perform in terms of environmental, social, and governance practices. The paper provides evidence suggesting that contributing to sustained and inclusive growth brings several financial and productivity advantages to firms. This Working Paper relates to the 2017 OECD Economic Survey of Mexico (www.oecd.org/eco/surveys/economic-survey-mexico.htm) Economics Mexico Lenain, Patrick ctb Mehrez, Mirna ctb Reynaud, Julien ctb https://doi.org/10.1787/7dd74eb4-en Verlag kostenfrei Volltext |
spellingShingle | Gabriel, Mabel Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth Economics Mexico |
title | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth |
title_auth | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth |
title_exact_search | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth |
title_exact_search_txtP | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth |
title_full | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth Mabel Gabriel ... [et al] |
title_fullStr | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth Mabel Gabriel ... [et al] |
title_full_unstemmed | Doing well by doing good The role of Mexico's firms in achieving sustainable and inclusive growth Mabel Gabriel ... [et al] |
title_short | Doing well by doing good |
title_sort | doing well by doing good the role of mexico s firms in achieving sustainable and inclusive growth |
title_sub | The role of Mexico's firms in achieving sustainable and inclusive growth |
topic | Economics Mexico |
topic_facet | Economics Mexico |
url | https://doi.org/10.1787/7dd74eb4-en |
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