Do environmental, social, and governance (ESG) and impact investing practices in their current forms provide investors with sufficient tools to play a meaningful role in “Building Back Better” following the COVID-19 crisis? Many investors, including those who identify as “Universal Owners,” often seek to manage ESG risk and opportunity through corporate governance interventions. However, certain […]
Read More… from ESG 2.0: Measuring & Managing Investor Risks Beyond the Enterprise Level
The new Taskforce on Inequality and Social-related Financial Disclosures (TISFD) aims to address the systemic risk posed by inequality by developing a global framework for managing social risks and opportunities. In this write-up, Pensions for Purpose explore TISFD’s vision to foster stronger, more equitable societies, by integrating existing standards to provide a cohesive disclosure process […]
Read More… from Pensions for Purpose: Introducing the Taskforce on Inequality and Social-related Financial Disclosures
The time is now for moving from a financialized economy to one that supports real people everywhere, across both rural and urban communities, developed and developing countries, businesses of all sizes, and which produces products and services that sustain healthy, thriving societies. This vision is attracting broad support from conservatives and liberals alike. We have a long way to […]
Read More… from PDI: Predistribution Gains Global Momentum
Despite soaring corporate profits and strong market performance, wealth and income inequality are increasing, leading to public disenfranchisement and market imbalances which can eventually jeopardize crucial business functions and diversified investors’ portfolios. Institutional investors are increasingly concerned with the financial implications of social and environmental risks and calling for tools to identify and mitigate them. […]
Read More… from Getting Ahead of the Curve on Dynamic Materiality: How U.S. investors can foster more inclusive capitalism
This piece is based on remarks by PDI’s Delilah Rothenberg during a meeting organized by the G20 focused on “the fight against hunger, poverty and inequality.” The meeting was facilitated by Brazil’s Ministry of Finance as part of Brazil’s role as host of this year’s G20 meetings. “Relying on redistribution to continuously address socio-economic inequality […]
Read More… from G20 and the fight against hunger, poverty and inequality
On November 2nd, 2023, 81 individuals came together to participate in the Advancing Financing Initiatives for Shared Ownership of Enterprise convening. The event was organized by the Predistribution Initiative with support from The Rockefeller Foundation and Ford Foundation and held at The Rockefeller Foundation offices in NYC. Consensus Building Institute (CBI) helped curate the agenda […]
Read More… from Advancing Financing Initiatives for Shared Ownership of Enterprise
Rising inequalities both between and within countries are fueling polarization and protectionist pressures, hampering social cohesion and political stability. Leading economists are calling for society to combat inequality, demanding better measurement and ambitious targets. Businesses and investors have significant roles to play. The private sector, through various practices, can contribute to inequalities, alleviate inequalities, and also face risks posed […]
Read More… from Business Fights Poverty: An Agenda to Address Inequality in Sustainable Finance Decision-Making
The Predistribution Initiative collaborated with UNDP on their new paper – “From Fragmentation to Integration: Embedding Social Issues in Sustainable Finance.” Organizations in addition to The Predistribution Initiative who contributed to this piece include the Financial Conduct Authority, ReGenerate, JS Global Advisory , and Rights CoLab. The paper highlights the relevance of social issues in […]
Read More… from UNDP: From Fragmentation to Integration: Embedding Social Issues in Sustainable Finance
Forum for the Future, a non-profit that works in partnership with business, government, and civil society to accelerate the shift toward a sustainable future, published an exciting new report that builds on much of PDI’s work reimagining the way the financial system addresses systemic risks. The authors of “Finance: an agent of change?” specifically call […]
Read More… from Forum for the Future: Finance: an agent of change?
A Company’s Ability to Operate Responsibly Can be Supported or Inhibited by Capital Structures, Time Horizons, and Ticket Sizes It can be difficult for companies to have positive impacts and avoid unintended negative consequences (risks) if those companies aren’t backed by supportive investment structures. Consider WeWork and the classic venture capital (VC) model to “move […]
Read More… from PDI: Why Do We Need Regenerative Investment Structures?