Wednesday
September 27
2017

Jamie Dimon: The Biggest Lesson We Learned From Investing in Detroit

Why is a bank involved in tackling big societal issues? It’s a question we get a lot.

At a time when so many people are being left behind, shut out of the rewards of a growing economy, we, as leaders in business and in our communities, simply cannot afford the consequences of inaction.

The private sector plays an essential role in society, and it is a role we should embrace—not just because it’s the right thing to do. It’s good for our shareholders and for our bottom line, too. Business can do well by doing good.

By working to grow the economies of the communities we serve and playing a more active role in the future of people who live there, we can earn a fair return for our shareholders and lay a foundation that promotes inclusive and sustainable growth.

Photo courtesy of Jason Mrachina.

Source: Fortune (link opens in a new window)

Categories
Investing
Tags
community development, Detroit, impact investing, public private partnerships, social impact, urban development