But why blame these board members, when even the stock markets seemingly prefer an ‘environment-unfriendly’ approach. Global stock markets have most oft en skipped discounting in the environmental footprints (or stomping) that firms leave with ramifications over generations. If criticism is in vogue, then it would be pertinent to note that despite the environmental disaster created by various oil giants (which has been historically documented), their profitability and stock prices have retained promising and historical highs!
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative