In reaction to the prevailing shareholder value logic – and especially the idea that companies have a legal, fiduciary duty to place their needs above all others – the concept and practice of stakeholder value emerged in 1984. This article looks at its evolution over the ensuing decades.
Through policy and partnership, IWBI has supported priority sectors, such as schools, senior and assisted living facilities, public sector buildings and affordable housing, where health and well-being strategies and features found in the WELL Building Standard (WELL) can reach and benefit those most in need. Libraries are one of those priority sectors.