Sustainable and Ethical Finance
Sustainable and ethical finance is an approach to financial management and investment that prioritises environmental, social, and governance (ESG) criteria, aiming to generate positive societal and environmental impacts alongside financial returns. Here’s a detailed look at what this encompasses: 1. Environmental, Social, and Governance (ESG) Criteria: Environmental Criteria: Climate Change: Assessing how a company or investment manages risks related to climate change, such as carbon emissions, energy consumption, and environmental impact. Resource Management: Evaluating how resources are used and managed, including waste reduction, water conservation, and sustainable sourcing of materials. Biodiversity: Considering the impact on ecosystems and biodiversity, and supporting efforts to protect and restore natural habitats. Social Criteria: Labor Practices: Ensuring fair labor practices, including fair wages, safe working conditions, and the prohibition...