By: Miguel Pena
Corporate sustainability isn’t a quick fix or a one-and-done initiative. It is a valuable practice for companies and a source of strategic insights for risk managers and decision-makers.
Over the past decade, environmental, social and governance (ESG) risks have risen to the top for enterprise risk-management teams.
Mitigating these risks, sometimes known simply as “corporate sustainability,” is playing a greater and greater role in a company’s success.
By David Rauf
The multi-pronged strategy touches all levels of the company.
The strategy includes sharpening the product portfolio, selling unused assets, and shedding global workforce as well as hiring new global executives and renewing the company’s focus on its biggest and best-selling brands.
“There is still much work to be done to fully reboot and implement our strategy. We are committed to getting it right.”
—Jan Zijderveld, CEO, Avon Products Inc.
Avon Products CEO Jan Zijderveld recently wrapped up one year on the job as the man charged with turning around one of the oldest names in direct selling.
Zijderveld, a 30-year Unilever veteran tapped in February 2018 to resurrect the struggling cosmetics maker after years of financial turmoil, has made this much clearer in his time as the top boss: Rebooting the company is still a work in progress—and and there’s plenty of work to be done.