Finance can be a force for good
Chantal Line Carpentier
Head, Trade, Environment, Climate Change, and Sustainable Development Branch or UN Trade and Development Division on Trade and Commodities
Going from billions to trillions to achieve the Sustainable Development Goals (SDGs) requires strong alignment of both the business and financial sector. The question is thus, is the financial sector moving in that direction? Are its leaders establishing a set of practices that is or will become the de facto common ground for making a material positive impact on the world’s most important challenges? Is the financial sector using its catalytic power to rewrite the rules of finance, capital allocation, and perhaps capitalism itself, to be a “force for good” in helping us achieve the SDG?
This is the big question the report “Capital as a Force for Good: Global Finance Industry Leaders Transforming Capitalism for a Sustainable Future”, launched as part of the ‘Global Leadership in the 21st Century’ conference on Dec 15th 2020, organized by the United Nations, Geneva and the World Academy of Art and Science, in support of the United Nations’ 2030 Agenda for Sustainable Development. The report examines the initiatives of a geographically representative group of 63 of the world’s largest financial institutions representing over US$100 trillion in assets, half of which were ‘active participants’ providing quality assurance on their data and qualitative inputs too.
Read Will Kennedy and I Blog on the report here Finance can be a force for good – Chantal Line Carpentier.
Serving Fortune 100 partners with learning that moves metrics.
3 年It’s helpful to see how the “Force for Good” ethos is being supported by concrete indicators that measure how members of the finance industry are contributing to sustainability goals. Looking forward to seeing the tracking and reporting on how each institution follows through on their commitments. Thank you for your always admirable work, Chantal Line Carpentier, and for sharing the report!
Connector of People, Products & Services to Benefit Humanity
3 年Vincent Molinari Bryan Doreian
CEO at Conscious Capital, Founder of Future Capital, Conscious Capital Foundation, and Scious @shamanofwallst
3 年Thank you ketan Patel and the entire Future Capital team and to Will Kennedy and Chantal Line for your support and all you do to make the world a better place!