For profit, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits? I look into the study’s methodology and see what a major bank can take away from the findings.
Tag: HSBC
The State of Impact Investing: Green Living Business Forum
What’s the state of impact investing? The panel of experts from large institutional investors to small foundations at the 2013 Green Living Business Forum share their thoughts on the growth potential, risks and opportunities, and the valuation of environmental factors. Six common threads emerged from the discussion chaired by CBC’s Evan Solomon.