Ashley Menezes (for Info only, not official)

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Ashley Menezes

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    ...While the use of proceeds has always been important, the consequences on the environment and humanity has not been a consideration in decision-making. While some businesses have corporate social responsibility (CSR) programmes and some investors follow policies around ethical investing—avoiding sectors such as tobacco, alcohol, gambling etc.—there have only been a few such instances, and the implementation of these policies has been ad hoc and inconsistent. However, times are changing. Globally, an ethical and long-term sustainable investing strategy is gaining importance. Stakeholders now reco­gnize the importance of res­ponsible investing and the role of financial markets in fostering sustainable development. Firms and investors ack­nowledge that social and environmental issues can be material to the financial outlook of investments, and ultimately, their own performance. ...

    Live Mint on Nov. 23, 2017, 12:37 a.m.