The "E" Is For Elephant

Corporate Board Member
July 2018

Nicole Crum was quoted in the article, "The "E" Is For Elephant," which was published by Corporate Board Member in July 2018.

In the article, Nicole notes that companies that fail to take ESG into account when formulating strategy are putting themselves at risk:

"When you have BlackRock and Vanguard and Fidelity taking positions that were once deemed issues of Birkenstock-wearing environmentalists, that's a pretty radical shift. [Institutional investors] have decided to focus on the economic risk of these things, and there's intentionality around that. This is not a political issue. It's not an ethical issue. It's an economic risk issue."

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