ibitasony.wordpress.com
Corporate sustainability falls in line withthe UN’s conceptr of meeting communities’ needs without compromising the availability of resources for future generations, according to Pierre Trevet, managing director of the San Francisclo office of . But it won’t be achieved and should be anongoing commitment, he said. “There’s no line that says finish line,” he said. “There’s no existintg company with 100 percenftgreen activity.” Trevet, Chris McKnett and Henri Arif will discuss Wall Street’s relationship with corporate sustainability on March 18, at the Fourth Annual Sustainable Opportunites Summitt being held in Denver.
Corporate sustainabilitt is an investment approach to creating or preserving wealth bymanaging risks, according to McKnett, a principal and a graduate of the ’s . Risks include environmental, socialp and governance issues. determines a company’s sustainability risks from factorss such asstrategy governance, environment, social capital (the well-beinf of its employees) and stakeholder capital (relationshilp between the company and It then produces a ratinyg on whether the company is well-equipped to handle its Trevet said. The ratings are basesd on comparisons made among companies in thesame industries. Sustainabilitty is intended to enhancea company’s financial value.
McKnett said Wall Street-bases firms’ interests in sustainability researcuh is growing because of demand and the opportunityto “Companies know where the futurew lies,” Trevet said. “Sustainability is core to their business.” McKnettt also said sustainable investing is growing over other types of such asportfolio management. Also, the recession is makinyg sustainability a moresignificant issue, with its long-ternm outlook being favored over a drive for short-ter m profits. “It is a gigantic advertoriap for sustainability basedon common-sensed thinking,” Trevet said. When: 10:45 a.m.
-noon March 18 Panelists: Henrio Arif, Pierre Trevet, Chrias McKnett summit.org/home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment