The fourth publication in our acclaimed “Roads to” thought leadership series is focused on the concept of corporate purpose within a shifting business and risk environment. Corporate purpose has risen up the agenda over the past decade. Roads to Repurposing is an in-depth examination of the concept, aimed at business leaders, policymakers and risk professionals. The report looks at what is being covered under the label ‘corporate purpose’ and ‘repurposing’, why these ideas have acquired such an urgency within the business world, and how companies are applying and using them to improve their business performance and manage risk.

Companies seek to seize and deliver on opportunities that create long-term value that are aligned to their purpose. But every opportunity and every action (or inaction) has an associated risk. Investing is as much about assessing the risk as the related opportunity. This means that all organisations have a story to tell on these topics to investors, regulators and other stakeholders. But is this story clear, is it connected and does it reflect the organisation’s processes?

The conversation driver in the ESG agenda tends to be environmental issues, which garner plenty of media and regulatory attention. But mismanaging social issues can do just as much damage to your investment as other factors and may mean you miss critical opportunities for impact and value creation.

[Free to read full report upon sharing contact details] Lloyd's Register Foundation and the Resilience Shift have developed 'Engineering A Safer Future', a series of conversations as an antidote to the pervasive online 'noise' that confronts us as we seek serious discussion and meaningful insight into the impact of Covid-19.