05 May 2020

The increasing demands of a social licence to operate

In this article the increasing demands of the social licence to operate, and the importance of culture and purpose to a company's reputation are explored in the light of shifting expectations of society following the COVID-19 outbreak. 

In the early stages of the COVID-19 crisis, it was quickly evident that the market had moved from a focus on earnings to the more existential question of what business platform would emerge. Now, another lens of assessment of prospects has re-emerged, the concept of the social licence to operate.

 

This material is provided for general information only. It does not constitute legal or other professional advice.