Doing Well by Doing Good – The Triple Bottom Line
Improve the world and make money by doing so. Is this mostly public relations fluff and wishful thinking, or does it really work? In this article, we discuss what “doing well by doing good” and the Triple Bottom Line (TBL) mean and offer some examples that we find inspirational. Spoiler alert: this is not about
25 Reasons Sustainable Investing Makes Economic Sense
ESG/Sustainable Investing has become a political issue for some, and there is a misperception that asset managers are willing to accept lower returns in order to pursue ESG goals. The truth is, while a small percentage of ESG investment funds are set up to do that (look for the word “Impact”), the vast majority do
Why Spending to Fight Climate Change Makes Economic Sense – A Non-political, Logical Analysis by a Famously Rational Guy
Carl Sagan once wrote, “For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring.” In other words, he dealt in facts. For those who are not old enough to remember Carl Sagan, he was an astronomer, planetary scientist, cosmologist, astrophysicist, astrobiologist, and
People are Asking…Does “ESG” Actually Matter?
Okay, we admit it. The title of this article may qualify as click-bait. Why would we, a company with “ESG” in our name, ask whether ESG actually matters? Of course, the things the letters E, S, and G stand for matter to businesses. Climate change and the rapid loss of biodiversity clearly matter – they
The U.S. Inflation Reduction Act and the Just Transition
The Inflation Reduction Act passed by the United States Congress provides almost $370 billion to fight climate change by reducing greenhouse gas emissions and promoting green technology. That includes $60 billion for developing the nation’s renewable energy infrastructure such as solar panels and wind turbines, and provides tax incentives for nuclear power production, electric vehicles, and energy
More About ESG and Supply Chains
Not too long ago we wrote about ESG and Supply Chains, and now we’re offering, “More About ESG and Supply Chains”. It might seem like we just can’t get supply chains out of our minds. That’s perhaps not surprising—it has been well over two years since COVID-19 snarled supply chains, creating persistent economic problems around
Estimating the Economic Cost of Climate Change? Start with Data.
England is roasting as London records its hottest day ever—not many homes there have air conditioning because until now, they rarely needed it. Spain is literally on fire. Triple-digit high temperatures are forecast across much of the U.S. (again), and power grids are under stress as a dangerous heatwave affects over 100 million people. This
ESG and Double Materiality
Embedding environmental, social and governance (ESG) principles into the investment process continues to attract all types of investors for many reasons. Institutional investors correctly recognize there are business risks associated with ignoring ESG. There are a long list of such risks that could hit the bottom line, some sooner, some later, and many have the
The Misguided Backlash Against “Stakeholder Capitalism”
Recently, we have seen a number of articles and news items about a push-back against ESG or “stakeholder capitalism” (or “woke capitalism” in some circles). One could argue that the asset management industry itself is largely to blame—as interest in sustainable investing grew, more and more asset managers wanted to grab a piece of the
ESG and Supply Chains
Sometimes, a particular phrase starts to pop up here and there, then more people use it and soon we’re all repeating it, even if we’re not really sure we understand what it means. Such phrases are often stated with at least some degree of gravitas, to signify that the underlying issue is worthy of some
