In the now-classic model of technology adoption, the most difficult step is expanding from aspirational visionaries to hard nosed pragmatists. Innovations that “cross the chasm” create a bandwagon effect and stand to become the new industry standard. Financial institutions certainly seem to be jumping on the bandwagon of environmental, social and governance, or ESG investing.
"In our post-political world, the key distinction is not rich vs poor... it is accelerating change vs resisting change.”
“In the near future, and sooner than most anticipate, there will be a significant reallocation of capital,” BlackRock’s Larry Fink writes in his annual letter to CEOs.
ImpactAlpha, Jan. 14 – When it comes to corporations known for responsible business and sustainable practices, Unilever is often cited as one of the best examples. But when the Canadian research firm Impak Finance last year drilled deeper into corporate impact, Unilever scored only 302 out of a possible 1,000 points. The French energy equipment
The company says its ratings system is used by more than 450 corporations’ procurement teams representing $2.5 trillion in business spending.
- India's social stock exchange promises to diversify capital sources available to more than two million social enterprises across the country.
The more social impact Australian employment startup Xceptional has, the less it has to repay on an A$600,000 loan.