The average tenure of a CEO is 5-7 years.
Odds are, if you were hired as a CEO in the last few years, you will soon be looking for your next assignment.
Based on the findings of +600 studies, companies that can prove their sustainability commitment enjoy:
- 36% increase in financial valuation
- 21% increase in profitability
- 20% increase in sales across both B2B and B2C markets
- 6% increase in share price
- 21% increase in productivity
- 57% reduction in employee turnover
Several years ago, the world’s largest asset manager decided it would not hire CEOs if they could not show proof of environmental sustainability leadership. In effect, from a performance standpoint, this singular commitment separated the cream of the crop from the rest.
Many PEGs, VCs, family offices and corporate owners agree. Why would they hire a CEO that has a resume that shows s/he manages AGAINST the above. It begs the question – “For a CEO that has not led her/his company to environmental sustainability certification/verification, what do you believe your financial objectives are?”
When you are looking for your next assignment, what will your resume say?
If you don’t mind doing something good, want to grow your company faster than your peers, and want to be seen as an A player, read this on what you want in a sustainability program, watch this master class, and contact us.