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Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

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Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

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“The greatest things in civilization were all made possible by the wise stewardship of Capital. And all of the problems of the world have as their root cause a misuse or waste of capital. Therefore the primary concern for every business and every human endeavor, is the wise stewardship of Capital. And this is especially true for every Chief Sustainability Officer.”

“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about. With this perspective, the goal is still Profit — Profit for all stakeholders, to varying degrees and in varying capacities of course. This holistic view of profit produces what I call Multiplicative Value Effects, or, win-win scenarios as opposed to win-lose scenarios where the prerequisite of a companies win is a loss for societal stakeholders.”