Biodiversity is about the health of the planet on which we depend. As Partha Dasgupta put it: “our economies are embedded within nature, not external to it”. Investment is beginning to recognize that.
externalities Archives
Greenwashing: Caring achieves nothing without regulation; regulation achieves nothing if nobody cares.
Regulatory steps, such as improved disclosure, are essential tools against greenwashing. But the real difference comes when people care about and engage with the disclosures. Caring makes greenwashing both more difficult and less worthwhile.
Response to the DOL’s proposed rule on prudence and loyalty in selecting plan investments and exercising shareholder rights
This post links to comments submitted to the US Department of Labor regarding their proposed rule on prudence and loyalty in selecting plan investments and exercising shareholder rights
Carbon pricing is a pro-market move. If you believe in markets, you should be fighting for it.
A belief in markets should not be dogmatic like a belief in Santa Claus; it should be based on a clear understanding of the necessary conditions for markets to serve the overall good, and a clear understanding of what can cause them to fail.
It’s handy to express natural and human capital in financial terms – here are four reasons that’s tough to do
It’s handy, and often necessary, to look at ESG factors through a financial lens. But it only captures part of the picture.
Are externalities a financial or a non-financial consideration for an investor? Either way, they’re a big deal.
The rise of ESG investing, to a large extent, boils down to an increase in the attention being paid to externalities.