What society expects from business is evolving rapidly. Beyond providing returns to shareholders, businesses play a critical systemic role in the development of society and guardianship of the global environment. For many, this is unchartered territory. Success will come only if we continue to discuss and debate some of the most pressing questions, such as what is the purpose of business? Do investors hold the key to a sustainable future? And what does it mean to have purpose that goes beyond the boardroom?
‘There was a time when women in the economy, women in employment, women in finance were not seen as macro-critical. That’s no longer the case.’
Those are the words of Christine Lagarde, IMF Managing Director, ahead of International Women’s Day. It’s true, as Lagarde observes, that the landscape is changing. But is gender balance happening quickly enough?