When it comes to environmental, social, and governance (ESG) metrics, some say they're the most important factor when investing.
Others, however, say they're just as important if not more so.
Case in point: Australia's Commonwealth Bank, which has more than $100 billion in assets under management and is one of the biggest banks in the world, says it plans to start investing in companies that have a "positive social and environmental impact," CNBC reports.
The bank says it plans to invest in companies that have "a clear strategy for reducing carbon emissions and creating a low-emissions economy," as well as ones that have "a positive social and environmental impact on the local, regional, and global communities in which they operate."
The bank says it plans to start investing in companies that have "a clear strategy for reducing carbon emissions and creating a low-emissions economy," as well as ones that have a "positive social and environmental impact on the local, regional, and global communities in which they operate."
The bank says it plans to start investing in companies that have "a clear strategy for reducing carbon emissions" as well as ones that have a "positive social and environmental impact on the local, regional, and global communities in which Read the Entire Article
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”