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(Third of four parts) I have dedicated the weeks of March on my column to revisiting how sustainable finance is doing across different geographies. For those just joining us in this series, a quick summary: Responsible Investment (RI) is the umbrella term for the act of considering environmental, social, and governance issues in investing. It traces its roots to religious societies in the United States and Europe. It then evolved over time to encompass social issues such as boycotting financing apartheid and the Vietnam war, towards environmental protection and more recently, governance issue...

(Second of four parts) Last week, we began with an investigation of how different geographies are engaged in Responsible Investment and Sustainable Finance practice. We kicked off with Europe and North America and today we continue with this series, focusing on Latin America before moving on to Africa and then ending with Asia Pacific. Reiterating an earlier caveat, we cannot generalize how an entire nation or population behaves and simply try our best to spot some cultural trends that stand out as we recognize that society plays a role in shaping Responsible Investment (RI) practices. Latin...

BusinessWorld February 24, 2021 | 5:41 pm By Daniela Laurel If investing in only good firms — firms that pay their employees properly, do not pollute, have a strong number of women and minorities in leadership positions, et cetera et cetera — made people richer, then the world would be a much better place. Yet despite so many calls for people to change their consumption behaviors — stop plastic use or avoid fast fashion, buy fair trade or organic, boycott this or that company, shift to renewable energy — the fact is that people have yet to completely dedicate themselve...

JCOMP/FREEPIK The words “sustainability,” “responsibility,” and “social reform” have been thrown around carelessly since the issue was brought to wider attention — for most scholars, the specific moment in time was the report from the Brundtland Commission, entitled “Our Common Future” in 1987 which finally created urgency on climate issues, provided a generally accepted definition of Sustainable Development, and set the agenda for the next decades. What many understood to be a starting point for change and action was not a truly proactive mission but simply the culmination ...