Redefining Today’s Business Landscape: A Q&A With David Vidal, Corporate Sustainability Thought Leader
March 12, 2013
David J. Vidal, a leading expert on the role of business in society, has over the course of a forty-year career served as a senior fellow with the Conference Board Initiative on Sustainability, as vice president at the Council on Foreign Relations, as assistant vice president at Continental Insurance, and as director of public affairs for the Partnership for New York City, a CEO-led civic, housing, and education group. Vidal also is active in industry leadership activities as a member of the judge's panel of the CERES-ACCA Sustainability Reporting Awards, the Newsweek/Daily Beast Green Rankings Advisory Panel, the Giving USA Advisory Council on Methodology, and the U.S. Advisory Council of the Global Reporting Initiative (GRI).
Recently, Michael Seltzer, distinguished lecturer at the Baruch College School of Public Affairs and a frequent contributor to PhilanTopic, spoke with Vidal about the corporate sustainability landscape.
Philanthropy News Digest: Corporate engagement in society appears to be in tremendous flux, partly as a result of greater demands for corporate accountability. From your vantage point, what's going on in CEO suites?
David Vidal: The corporate contributions function has been overtaken by the broader business social accountability movement. Forward-looking business leaders are concerned today with a growing array of stakeholders and publics. Yesterday's focus on solely producing shareholder value is no longer sufficient. If you open a corporate annual report today, you will more often see a letter from the CEO addressed to shareholders and stakeholders.
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