Name: The rise of conscious capitalism | Rethink Sustainability
Uploaded: 2020-03-07T16:34:40.000Z
Duration: 2 min 34 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

The second conditional

If you had to come up with a snappy title for your topic,

The so-called ESG, environmental social governance space,

It's currently reckoned to be worth more than $31tn, $32tn,

which is dramatically higher than it was a decade ago.

Increasingly, boards and executives are realising they

cannot afford to ignore what they used to call

issues like climate change, social factors

like income inequality, and a whole range

are saying, actually, what we're interested in is making

sure we avoid harm to ourselves, either reputational harm

that the value of our assets in our portfolio falls say,

in the financial markets where increasingly investors

are saying: we want more than just profits.

And thirdly, policymakers around the world from city governments

all the way up to national governments and multilateral

organisations like the United Nations are saying we

can't rely on taxpayers' money, public sector finance,

We need to reach out to the private sector, too.

good business opportunities in the whole ESG

There is such a wealth of demand from investors

for green products that actually demand outstrips supply.

That may not last, but right now it shows that companies are not

Typically, whenever you see innovation in finance

you get a flurry of innovation at a grassroots and lots

of little experiments all over the place that pop up

But then, over time, the industry grows up and you begin

to get more clear cut structures for framing this new asset

and actually imposing more transparency and consistency.

the whole thing is full of green-washing and hypocrisy

However, no one shouldn't lose sight of the fundamental point

that some investors are seeking to use their money

to try and do good and to think about the consequences of where

Subtitles ListPlay Video

The rise of conscious capitalism | Rethink Sustainability

conscious

ridiculous

scale

typically