In 2019, the question of how to build and retain trust—among investors, regulators, customers, suppliers, civil society organizations, and the general public—is the most pressing challenge facing business.
by John Howell, Editorial Director & VP of Content, 3BL Media
We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women. The volume and the variety of this news demonstrate that ESG-driven metrics are now becoming widely accepted as material factors in mainstream investment decision-making.
When Common Impact’s clients ask me what events they should attend to understand the next generation of CSR, employee engagement and for-purpose business, I always point them to the Shared Value Initiative (SVI). SVI held its annual summit this past week in the (finally sunny!) downtown NYC, where hundreds of business, investment and social sector professionals met to hear and discuss the latest in driving a social, environmental and
Does Wall Street finally care about sustainability? A noted sustainability author (Andrew Winston) muses about this in the pages of the influential journal for the C-suite – the Harvard Business Review. Yes, we think – more and more asset owners and managers are getting aboard the train...but there is work to do. And what about corporate boards and CEOs...”
Larry Fink is Chief Executive of BlackRock. BlackRock’s portfolio weighs in at a cool US $4.6 trillion. So when he speaks it’s wise to listen. He has spoken. And what he has said, in a letter to top US and European CEOs, is the single most significant intervention ever made by an investor on CSR issues.