Oct 16 2021
Marcy Twete of Marcy Twete Consulting on social value, the emergence of ESG strategies and investments, and the role companies have in making the world a better place
There has been an awakening in recent years in the business community. Now more than ever, companies are understanding their social responsibility to serve their employees, customers, communities, investors, and entire ecosystems. There are two types of value in business - commercial value and social value. One of the reasons we rebranded the podcast to Value Builders was to create an opportunity to talk more about the intersection between commercial value and social value. In this episode of Value Builders, I sit down with Marcy Twete, Founder and CEO of Marcy Twete Consulting, to bring the social value conversation to the podcast. Marcy is helping companies build sustainable and responsible business value and I’m excited to tap into her expertise to talk more about how companies can create more social value. In the discussion, Marcy defines social value and several of the foundational concepts that companies need to understand and embrace to serve their stakeholders and communities and compete in the future. She also shares her perspective on why environmental, social, and governance (ESG) strategies and investments are good for business. We discuss how social value impacts commercial value and we touch on the recent trends including the rise in transparency, the importance of ESG strategies to investors, and why it matters for customers. About Marcy Twete Marcy Twete is a recognized leader in corporate responsibility and sustainability for multinational Fortune 500 companies, and has a background both broad and deep in ESG (environmental, social, governance) factors, ethical decision-making, marketing and communications. She is the founder and CEO Marcy Twete Consulting where she advises corporations of all sizes, their investors and key partners on environmental, social, and governance risks and reputation management. In addition to leading her consulting practice, Marcy also co-hosts Office Baggage, a podcast that tackles topics for women in business that are all too often brushed under the office rug. In June 2020, she will launch Table Stakes: The Podcast for Responsible, Sustainable Businesses & Leaders, discussing the issues of sustainability with forward-thinking leaders to forecast the future of responsible business.Marcy is a proud Trustee at the Chicago Architecture Center, and a former member of the Boards of Directors for Girl Scouts of Greater Chicago and Northwest Indiana and Step Up. She received her undergraduate degree in Political Science from the College of Saint Benedict and her MBA from Kellogg School of Management at Northwestern University. In late 2020, after nearly 10 years in Chicago, Marcy and her husband Charlie relocated to their former home of Minneapolis with their tabby cat Betsey and terrier mix Pearl. You’ll find them running on Lake Harriet and Minnehaha Creek near their home in South Minneapolis.