文档介绍:ContentsForeword 4Executivesummary 5Developingthecapabilitytoanticipatefuturematerialissues 6Whylookingaheadmatters 7Materialityasadynamicprocess:Aframeworkforaction 8Thegrowthinevidenceandtransparency 8Escalatingstakeholderactivism 9Thegrowingresponsivenessofkeydecision‑makers 10AgreateremphasisonESGissuesfrominvestors paniesandinvestors 13Lookingahead:Anactionplanforinvestors 15Contributors 16References 17Endnotes 19ForewordMahaEltobgy,HeadofInvestorsIndustries;mitteeKatherineBrown,HeadofSustainableandImpactInvestingAtthecloseof2019,thescenewassetforaneweraofstakeholdercapitalismthroughthereinvigorated“2020DavosManifesto”.Nearlyfivedecadesaftertheoriginalwasreleasedin1973,articulatingthatthepurposeofbusinessistoservemorethanshareholdersalone,theupdatedmanifestoexpandsonthisideabystating,“Acompanyismorethananeconomicunitgeneratingwealth…Performancemustbemeasurednotonlyonthereturntoshareholders,butalsoonhowitachievesitsenvironmental,socialandgoodgovernanceobjectives.”Atthe50thWorldEconomicForumAnnualMeetinginDavos‑KlostersinJanuary2020,justonemonthlater,therewasanotablesurgeinthediscoursearoundboththewidespreadmanagementofenvironmental,socialandgovernance(ESG)’decision‑panies’businessstrategyandoperationstreatandevendefine“materiality”.aswellasbytheescalationincallstoactionfromglobaldecision‑’paniestodemonstratetheirlong‑,inaworldofincreasinglyconsolidatedcapitalandESGawareness,thebattleofthefutureisnottakingplaceon“values”butratheron“value”.InSeptember2019,,bolsteredbythecurrentcrescendoinESGaw