14 Aug '11, 9am

The Modern World of Sustainable Finance as always, the debate: can for-profit be(come) sustainable? #CSR #Sustainability

The Modern World of Sustainable Finance as always, the debate: can for-profit be(come) sustainable? #CSR #Sustainability

The world is full of buzzwords and catchphrases. Sometimes these are counter-intuitive. "Sustainability" brings to mind vision of socially meaningful behavior with long-term goals in mind. In recent years, the word "finance" likely summons memories of a worldwide recession, Greece and Ireland teetering on the brink of total failure and the United Kingdom adopting austerity measures. Specifically in the USA, "finance" can make a person think of bank fraud, a mortgage crisis, TARP, a high rate of unemployment in the USA and the emerging threat of a second recession. Corporate Social Responsibility (CSR) can seem like an unattainable, unrealistic goal. What is sustainable finance? The operating definition used in a study by Strandberg Consulting is that sustainable finance is "the provision of financial capital and risk management products and services in ways that promote or...

Full article: http://www.justmeans.com/-Modern-World-of-Sustainable-Fin...

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