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The 169 Commandments
Moses brought ten commandments down from Mount Sinai. If only the UN’s proposed list of Sustainable Development Goals (SDGs) were as concise. The SDGs are supposed to set out how to improve the lives of the poor in emerging countries, and how to steer money and government policy towards areas where they can do the most good. But the efforts of the SDG drafting committees are so sprawling and misconceived that the entire enterprise is being set up to fail. That would be not just a wasted opportunity, but also a betrayal of the world’s poorest people.
- Categories
- Environment
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Saints Beat Sinners Again for Best Stock Picks
New Morgan Stanley research shows that whatever sustainability is, it seems to be working.
- Categories
- Environment
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What Qualifies As CSR and What Does Not?
Trees in your company campus, jobs for people with disabilities and fuel-efficient office cars may be good for the society and the environment. Continue the good work, but none of that counts as corporate social responsibility (CSR) under the law.
- Categories
- Environment
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Viewpoint: Not Free Vaccines, Mr. Gates, Just Sustainably-Priced Ones
Advocates working to increase global access to medicines were frustrated by the recent comments made by Bill Gates publicly criticizing Médecins Sans Frontières (Doctors without Borders, MSF) for calling for reductions in the prices of new vaccines. In doing so, Mr Gates stands by a system of pricing that requires raising billions of dollars in donor funding every year to support it. We believe that a system dependent on raising massive amounts of money to meet arbitrarily high prices set by the pharmaceutical industry is a failed system and should be acknowledged as such by donors like Mr Gates. Rather, true success in global vaccination requires mechanisms that can rapidly achieve long-term sustainable vaccine pricing.
- Categories
- Environment, Health Care
- Tags
- vaccines
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Impact Investing Can Help Foundations Avoid Obsolescence
John D. Rockefeller would never have considered abandoning the oil business. But that is exactly what some of his heirs did last fall. The Rockefeller Brothers Fund, a family foundation with $860 million in assets and a long history of supporting environmental causes, announced it would divest itself of all fossil-fuel investments.
- Categories
- Environment
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Is Corporate Social Responsibility China’s Secret Weapon?
Today, we hear a great deal about Chinese M&A deals, Chinese money and investment pouring into diverse markets, and even Chinese loans being used to bail out struggling economies.
- Categories
- Environment
- Region
- South Asia
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Korean Social Enterprises Go Global
Social enterprises — businesses that prioritize human and environmental benefits equally to profits — are effective vehicles to achieve development goals as their market-based approaches bring sustainability and scalability that are essential to create long-term impact.
- Categories
- Environment
- Region
- Asia Pacific
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Ethical Investments: Lack of Awareness Means Investors Are Supporting Industries They Oppose
Liz Berwick is a fairly typical saver. The 35-year-old mother of two hopes to put away around £3,000 this year by saving regularly into a tax-free Isa. The question is, where?
- Categories
- Environment
- Tags
- impact investing, lending