PKG - Packaging Corporation Of America's Quality Corporate Governance Leads To A Superior Business Model
Corporate governance - the "G" in ESG - matters. Companies with high-quality corporate governance do a better job of aligning executives' interests with long-term shareholders' interests, holding management accountable, and developing strategies for sustainable growth and profitability.
In fact, we think governance is the most important aspect of ESG or any other type of investing strategy. No matter what you think about the environmental, social or other impacts of a company, none of them are sustainable without good stewardship of capital, and you rarely see good capital stewardship without good governance. Therefore, investing in companies