MGM102H5 Chapter Notes - Chapter 2: Goldman Sachs, Morgan Stanley, Eutrophication
Document Summary
Investment made a huge shift in the market back in 2015. Launched investment products that take into account the environment, social and governing(esg) factors. Managers avoided making financial choices when it came to sustainability. Researchers like morgan stanley helped dispel concerns that investors have to sacrifice returns to do so. Many challenges remain to make sustainable investing open to investors as there is no agreed definition of sustainable investing truly is. Sustainability opens doors for a new way of planning, innovating, creating, etc. What practices and organization should undertake in order to make them truly sustainable. Is the ability for things to keep going, to sustain themselves now, in the future and forever - environmentally, socially, and from a governance standpoint. Business success depends on the health of our planet. Response to environmental degradation: unabated consumption o o o. Full integration of business strategies and environmental responsibilities. Helped reduce some of the damage done to regulation, but not solve it.
