A CEO explains why publicly traded companies focus almost entirely on stock price: shareholders list companies to achieve price appreciation, and the board's legal duty is delivering that outcome. Everything else, including environmental responsibility, is secondary.
Our job is to hire the right team, most likely to navigate that and do one thing that all listed companies are hired to do, which is make the stock price go up. That is their sole responsibility. Make the stock price go up. The job isn't to be nice environmentalists or anything else. It is make that stock price go up. Make the stock price go up is the sole reason shareholders list a company on the stock market. And that's what they expect the board of directors to be able to deliver and is their legal duty to do so within the limits of the law. So we're hiring them to do that for us.
