Any views on the potential of the UK government’s Green Finance Strategy?
In the final 5 mins, if there is one comment, point or call to action you would like to make - please do share?
How might we work with existing initiatives to converge around some core, robust indicators/metrics for a sustainable purpose?
On the topic of stranded assets, there is a recent paper highlighting how the valuation of companies involved in fishing does not necessarily reflect the value of their underlying fish stocks: https://planet-tracker.org/tracker-programmes/oceans/seafood/#loch-ed
A3: When corporations and investors are part of an industry working group discussing critical issues and defining solutions together. For example, the Institute of International Finance Sustainable Finance Working Group has sustainability and public policy leaders from the private sector and investors.
I’ve really enjoyed and appreciated the perspectives, resources, and provocations of this discussion. With my own country (the US) facing major social upheaval, on top of the global disruptions and tragic loss of life from Covid-19, this is really the moment to push further in terms of accountability - to each other, to the world’s vulnerable, and to the planet. I am really heartened by the great work that folks here are doing, and hope we can find ways to work together.
A final comment from me on the particular role that investors and the wider finance system can and should play to achieve the 2030 agenda. The WBA has identified the financial system as a key enabler in its seven systems transformations which it believes are necessary to put our society, economy and planet on a more sustainable path and ultimately achieve the SDGs.
More here: https://www.worldbenchmarkingalliance.org/
It takes a village! Everyone has a role to play.
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Final point - it’s hard to make progress alone and unsupported. So my call to action would be , if you have not, try to find like minded investors or change agents and collaborate.
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Great conversation. Thanks to everyone that participated.
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Today we are also launching a discussion paper on the main question “How can companies and investors collaborate to embed purpose authentically into business?” After the online discussion you can download the report from: https://businessfightspoverty.org/articles/how-can-companies-and-investors-collaborate-to-embed-purpose-authentically-into-business/
We hope that from this foundation of shared understanding, companies and investors can build transformational collaborations to embed purpose authentically into business and support our collective efforts to create a more inclusive, resilient, and sustainable future!
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Thank you everyone so much for your thoughts, comments, insights and amazing energy!
Please do feel free to keep commenting as this discussion will stay up. We will also write up a summary of this session so please do click the link to receive your summary.
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How do we bring together our best research and multi-stakeholder influencers (biz, investors, gov) to better incentivise and embed purpose into the economy? Which new regs do we need?
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Thanks so much everyone!
Thank you for joining the discussion. To download the discussion paper CLICK ABOVE or COPY LINK into browser: https://snipbfp.org/PurposePaper01 This paper has been co-created with the Business Fights Poverty community, subject experts and made possible with the support of GSK, Unilever and Visa.
