Professor of Management Practice, Harvard Business School
Bob Eccles is professor of management practice at Harvard Business School. He first joined the faculty in 1979 and received tenure in 1989. He left in 1993 to work in the private sector and rejoined the faculty in 2007. Right after receiving tenure, Professor Eccles started doing research on corporate reporting, a topic that remains of great interest to him from a research, managerial practice, and public policy perspective. He has written four books on this subject.
He is working with BHI on the topic of corporate sustainability.
Private equity is under increasing pressure to integrate ESG into investment strategies. That is a huge opportunity for the industry--and for society. In a recent issue of Harvard Business Review, BCG experts examine how PE firms can lead the way in sustainable investing.
Purpose can provide unifying momentum, but it won’t help identify the specific steps and actions corporations should be taking. Here’s a four-level approach.
Contributing to society cannot be a side activity. Companies that use their core business to address environmental, social, and governance issues can create more value in the long term.
The effort to increase both societal impact and shareholder returns must start at the top and then become embedded in the organization.