Post by garyriccio on May 12, 2020 12:06:33 GMT
From the article in Forbes by Bradford Dockser, 13-Apr-2020, 2020 Is The Year That Climate And Investing Come Together
The theme of this year’s World Economic Forum, “Stakeholders for a cohesive and sustainable world,” afforded the business leaders in attendance the opportunity to speak freely about their legitimate concerns regarding climate change for the first time in 50 years... The rate and scale at which I’ve seen a preference for environmental, social and governance (ESG) principled investing become the benchmark for profit-seeking firms and investors in the wake of Davos 2020 is unprecedented.
as CEO of private equity powerhouse Blackstone Group Inc. Stephen Schwarzman explains, “Ironically, it ends up being good economics.”
ESG strategies both improve access to capital markets and deliver financial returns while mitigating a portfolio’s exposure to regulatory risks.
The best course of action would be to preempt regulatory changes and proactively invest in the technologies and practices needed to bring their assets into compliance with these anticipated rule changes.
There is a palpable sense of urgency among private equity and real estate investors and other stakeholders in the financial community to accelerate the focus of ESG into the full investment life cycle.
The theme of this year’s World Economic Forum, “Stakeholders for a cohesive and sustainable world,” afforded the business leaders in attendance the opportunity to speak freely about their legitimate concerns regarding climate change for the first time in 50 years... The rate and scale at which I’ve seen a preference for environmental, social and governance (ESG) principled investing become the benchmark for profit-seeking firms and investors in the wake of Davos 2020 is unprecedented.
as CEO of private equity powerhouse Blackstone Group Inc. Stephen Schwarzman explains, “Ironically, it ends up being good economics.”
ESG strategies both improve access to capital markets and deliver financial returns while mitigating a portfolio’s exposure to regulatory risks.
The best course of action would be to preempt regulatory changes and proactively invest in the technologies and practices needed to bring their assets into compliance with these anticipated rule changes.
There is a palpable sense of urgency among private equity and real estate investors and other stakeholders in the financial community to accelerate the focus of ESG into the full investment life cycle.