“A University of Guelph study found companies prioritizing sustainability in their business practices are better off in times of crisis and have economic growth.”
[COMMENTARY]This study throws a different light on some understandings concerning ESG in difficult economic times. For instance, the researchers found that ‘low’ ESG companies did better than ‘high’ ESG companies in the 2008/9 financial crises. However, it reversed during the recent pandemic!
University of Guelph study finds sustainability practices good for business in times of crisis, by Guelph Today staff, May 1, 2022, Guelph Today, Canada.