Sustainable :: moving beyond ESG to impact investing /
"Modern capitalism is a mess, and a growing number want finance to fix it. Their chosen cudgel ESG (Environmental, Social and Governance) investing has become a $100 trillion phenomenon in the past half-decade alone. Its success or failure will impact every living creature on earth. Today, ESG...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
New York :
Columbia University Press,
[2023]
|
Schlagworte: | |
Online-Zugang: | DE-862 DE-863 |
Zusammenfassung: | "Modern capitalism is a mess, and a growing number want finance to fix it. Their chosen cudgel ESG (Environmental, Social and Governance) investing has become a $100 trillion phenomenon in the past half-decade alone. Its success or failure will impact every living creature on earth. Today, ESG priorities drive the strategies of the world's largest corporations; prioritizing shareholders is out; protecting the environment and elevating other stakeholders is in. ESG rules increasingly dictate the investment choices of the world's largest retirement plans and sovereign wealth funds. Yet few know what ESG stands for, let alone how its rules are written or what their consequences will be. Will ESG investing succeed? Not if it stifles entrepreneurialism, subverts market discipline, negates personal responsibility, or forces asset managers to supplant values for valuations, industry insider Terrence Keeley argues. Governments, businesses, civic society and individuals all have crucial roles to play if we are to avoid a climate disaster, end discrimination, promote economic mobility and provide billions of pensioners financial security in their retirements. Obscuring stakeholder responsibilities and ignoring comparative advantage further risks the loss of prosperity and financial stability without protecting the earth from further despoliation. ESG investing is premised on two false tenets: that divestment threats directly alter corporate behavior, and that verifiably good corporations make for great investments. Keeley argues it's time to reassess what ESG has accomplished and where it is heading. The Stakes reveals how ESG investing must be recalibrated and reinforced if it's to have its intended effects. But all is not lost. There are hundreds of companies and NGO's that already provide beneficial, scalable solutions. And those who wish to deploy their capital to improve the world and produce superior returns can consider impact investing instead of indexed ESG funds"-- |
Beschreibung: | 1 online resource (xi, 306 pages) : illustrations, map |
Bibliographie: | Includes bibliographical references and index. |
ISBN: | 9780231556668 0231556667 |
Internformat
MARC
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100 | 1 | |a Keeley, Terrence, |e author. |0 http://id.loc.gov/authorities/names/n2022013205 | |
245 | 1 | 0 | |a Sustainable : |b moving beyond ESG to impact investing / |c Terrence Keeley. |
264 | 1 | |a New York : |b Columbia University Press, |c [2023] | |
300 | |a 1 online resource (xi, 306 pages) : |b illustrations, map | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
504 | |a Includes bibliographical references and index. | ||
520 | |a "Modern capitalism is a mess, and a growing number want finance to fix it. Their chosen cudgel ESG (Environmental, Social and Governance) investing has become a $100 trillion phenomenon in the past half-decade alone. Its success or failure will impact every living creature on earth. Today, ESG priorities drive the strategies of the world's largest corporations; prioritizing shareholders is out; protecting the environment and elevating other stakeholders is in. ESG rules increasingly dictate the investment choices of the world's largest retirement plans and sovereign wealth funds. Yet few know what ESG stands for, let alone how its rules are written or what their consequences will be. Will ESG investing succeed? Not if it stifles entrepreneurialism, subverts market discipline, negates personal responsibility, or forces asset managers to supplant values for valuations, industry insider Terrence Keeley argues. Governments, businesses, civic society and individuals all have crucial roles to play if we are to avoid a climate disaster, end discrimination, promote economic mobility and provide billions of pensioners financial security in their retirements. Obscuring stakeholder responsibilities and ignoring comparative advantage further risks the loss of prosperity and financial stability without protecting the earth from further despoliation. ESG investing is premised on two false tenets: that divestment threats directly alter corporate behavior, and that verifiably good corporations make for great investments. Keeley argues it's time to reassess what ESG has accomplished and where it is heading. The Stakes reveals how ESG investing must be recalibrated and reinforced if it's to have its intended effects. But all is not lost. There are hundreds of companies and NGO's that already provide beneficial, scalable solutions. And those who wish to deploy their capital to improve the world and produce superior returns can consider impact investing instead of indexed ESG funds"-- |c Provided by publisher. | ||
588 | |a Description based on online resource; title from digital title page (viewed on October 18, 2022). | ||
505 | 0 | |a Intro -- Table of Contents -- Foreword -- Introduction -- Part 1: The Promise . . . -- 1. The Stakes -- 2. Stakeholders Versus Shareholders -- 3. Activists, Their Arguments-and a Little Engine That Could -- 4. C-Suite Insurrectionists -- 5. What if +1°C = −100 trillion? -- 6. What's the United Nations Got to Do with It? -- 7. Materiality -- 8. A Few Words About Indices -- Part 2: The Perils . . . -- 9. Values Versus Valuations -- 10. Hardwiring Corporate Goodness -- 11. Inside the ESG Arms Race -- 12. Crowded Trades -- 13. Let's Speak Privately -- 14. Fight or Flee? -- Part 3: Solutions | |
505 | 8 | |a 15. Civics Lessons -- 16. Impact Investing at Scale -- 17. The 1.6 Percent "Solution" -- Conclusion (or How to Avert Our Failed Future) -- Acknowledgments -- Appendix: Exemplars of Hope -- Notes -- Index | |
650 | 0 | |a Impact investing. |0 http://id.loc.gov/authorities/subjects/sh2019004580 | |
650 | 0 | |a Investments |x Moral and ethical aspects. |0 http://id.loc.gov/authorities/subjects/sh87006090 | |
650 | 0 | |a Investments |x Social aspects. | |
650 | 0 | |a Sustainable development. |0 http://id.loc.gov/authorities/subjects/sh92005743 | |
650 | 0 | |a Social responsibility of business. |0 http://id.loc.gov/authorities/subjects/sh90005735 | |
650 | 6 | |a Investissements |x Aspect moral. | |
650 | 6 | |a Investissements |x Aspect social. | |
650 | 6 | |a Développement durable. | |
650 | 6 | |a Entreprises |x Responsabilité sociale. | |
650 | 6 | |a Investissements à retombées sociales. | |
650 | 7 | |a sustainable development. |2 aat | |
650 | 7 | |a BUSINESS & ECONOMICS / Personal Finance / Investing |2 bisacsh | |
650 | 7 | |a Electronic books |2 fast | |
650 | 7 | |a Impact investing |2 fast | |
650 | 7 | |a Investments |x Moral and ethical aspects |2 fast | |
650 | 7 | |a Investments |x Social aspects |2 fast | |
650 | 7 | |a Social responsibility of business |2 fast | |
650 | 7 | |a Sustainable development |2 fast | |
776 | 0 | 8 | |i Print version: |a Keeley, Terrence. |t Sustainable |d New York : Columbia University Press, 2022 |z 9780231206808 |w (DLC) 2022011260 |
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938 | |a ProQuest Ebook Central |b EBLB |n EBL6939065 | ||
938 | |a EBSCOhost |b EBSC |n 3216633 | ||
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912 | |a ZDB-4-EBU | ||
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Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBU-on1304834677 |
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adam_text | |
any_adam_object | |
author | Keeley, Terrence |
author_GND | http://id.loc.gov/authorities/names/n2022013205 |
author_facet | Keeley, Terrence |
author_role | aut |
author_sort | Keeley, Terrence |
author_variant | t k tk |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HG4515 |
callnumber-raw | HG4515.13 .K44 2023 |
callnumber-search | HG4515.13 .K44 2023 |
callnumber-sort | HG 44515.13 K44 42023 |
callnumber-subject | HG - Finance |
collection | ZDB-4-EBU |
contents | Intro -- Table of Contents -- Foreword -- Introduction -- Part 1: The Promise . . . -- 1. The Stakes -- 2. Stakeholders Versus Shareholders -- 3. Activists, Their Arguments-and a Little Engine That Could -- 4. C-Suite Insurrectionists -- 5. What if +1°C = −100 trillion? -- 6. What's the United Nations Got to Do with It? -- 7. Materiality -- 8. A Few Words About Indices -- Part 2: The Perils . . . -- 9. Values Versus Valuations -- 10. Hardwiring Corporate Goodness -- 11. Inside the ESG Arms Race -- 12. Crowded Trades -- 13. Let's Speak Privately -- 14. Fight or Flee? -- Part 3: Solutions 15. Civics Lessons -- 16. Impact Investing at Scale -- 17. The 1.6 Percent "Solution" -- Conclusion (or How to Avert Our Failed Future) -- Acknowledgments -- Appendix: Exemplars of Hope -- Notes -- Index |
ctrlnum | (OCoLC)1304834677 |
dewey-full | 174/.4 |
dewey-hundreds | 100 - Philosophy & psychology |
dewey-ones | 174 - Occupational ethics |
dewey-raw | 174/.4 |
dewey-search | 174/.4 |
dewey-sort | 3174 14 |
dewey-tens | 170 - Ethics (Moral philosophy) |
discipline | Philosophie |
format | Electronic eBook |
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id | ZDB-4-EBU-on1304834677 |
illustrated | Illustrated |
indexdate | 2025-03-18T14:28:14Z |
institution | BVB |
isbn | 9780231556668 0231556667 |
language | English |
lccn | 2022011261 |
oclc_num | 1304834677 |
open_access_boolean | |
owner | MAIN DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
owner_facet | MAIN DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
physical | 1 online resource (xi, 306 pages) : illustrations, map |
psigel | ZDB-4-EBU FWS_PDA_EBU ZDB-4-EBU |
publishDate | 2023 |
publishDateSearch | 2023 |
publishDateSort | 2023 |
publisher | Columbia University Press, |
record_format | marc |
spelling | Keeley, Terrence, author. http://id.loc.gov/authorities/names/n2022013205 Sustainable : moving beyond ESG to impact investing / Terrence Keeley. New York : Columbia University Press, [2023] 1 online resource (xi, 306 pages) : illustrations, map text txt rdacontent computer c rdamedia online resource cr rdacarrier Includes bibliographical references and index. "Modern capitalism is a mess, and a growing number want finance to fix it. Their chosen cudgel ESG (Environmental, Social and Governance) investing has become a $100 trillion phenomenon in the past half-decade alone. Its success or failure will impact every living creature on earth. Today, ESG priorities drive the strategies of the world's largest corporations; prioritizing shareholders is out; protecting the environment and elevating other stakeholders is in. ESG rules increasingly dictate the investment choices of the world's largest retirement plans and sovereign wealth funds. Yet few know what ESG stands for, let alone how its rules are written or what their consequences will be. Will ESG investing succeed? Not if it stifles entrepreneurialism, subverts market discipline, negates personal responsibility, or forces asset managers to supplant values for valuations, industry insider Terrence Keeley argues. Governments, businesses, civic society and individuals all have crucial roles to play if we are to avoid a climate disaster, end discrimination, promote economic mobility and provide billions of pensioners financial security in their retirements. Obscuring stakeholder responsibilities and ignoring comparative advantage further risks the loss of prosperity and financial stability without protecting the earth from further despoliation. ESG investing is premised on two false tenets: that divestment threats directly alter corporate behavior, and that verifiably good corporations make for great investments. Keeley argues it's time to reassess what ESG has accomplished and where it is heading. The Stakes reveals how ESG investing must be recalibrated and reinforced if it's to have its intended effects. But all is not lost. There are hundreds of companies and NGO's that already provide beneficial, scalable solutions. And those who wish to deploy their capital to improve the world and produce superior returns can consider impact investing instead of indexed ESG funds"-- Provided by publisher. Description based on online resource; title from digital title page (viewed on October 18, 2022). Intro -- Table of Contents -- Foreword -- Introduction -- Part 1: The Promise . . . -- 1. The Stakes -- 2. Stakeholders Versus Shareholders -- 3. Activists, Their Arguments-and a Little Engine That Could -- 4. C-Suite Insurrectionists -- 5. What if +1°C = −100 trillion? -- 6. What's the United Nations Got to Do with It? -- 7. Materiality -- 8. A Few Words About Indices -- Part 2: The Perils . . . -- 9. Values Versus Valuations -- 10. Hardwiring Corporate Goodness -- 11. Inside the ESG Arms Race -- 12. Crowded Trades -- 13. Let's Speak Privately -- 14. Fight or Flee? -- Part 3: Solutions 15. Civics Lessons -- 16. Impact Investing at Scale -- 17. The 1.6 Percent "Solution" -- Conclusion (or How to Avert Our Failed Future) -- Acknowledgments -- Appendix: Exemplars of Hope -- Notes -- Index Impact investing. http://id.loc.gov/authorities/subjects/sh2019004580 Investments Moral and ethical aspects. http://id.loc.gov/authorities/subjects/sh87006090 Investments Social aspects. Sustainable development. http://id.loc.gov/authorities/subjects/sh92005743 Social responsibility of business. http://id.loc.gov/authorities/subjects/sh90005735 Investissements Aspect moral. Investissements Aspect social. Développement durable. Entreprises Responsabilité sociale. Investissements à retombées sociales. sustainable development. aat BUSINESS & ECONOMICS / Personal Finance / Investing bisacsh Electronic books fast Impact investing fast Investments Moral and ethical aspects fast Investments Social aspects fast Social responsibility of business fast Sustainable development fast Print version: Keeley, Terrence. Sustainable New York : Columbia University Press, 2022 9780231206808 (DLC) 2022011260 |
spellingShingle | Keeley, Terrence Sustainable : moving beyond ESG to impact investing / Intro -- Table of Contents -- Foreword -- Introduction -- Part 1: The Promise . . . -- 1. The Stakes -- 2. Stakeholders Versus Shareholders -- 3. Activists, Their Arguments-and a Little Engine That Could -- 4. C-Suite Insurrectionists -- 5. What if +1°C = −100 trillion? -- 6. What's the United Nations Got to Do with It? -- 7. Materiality -- 8. A Few Words About Indices -- Part 2: The Perils . . . -- 9. Values Versus Valuations -- 10. Hardwiring Corporate Goodness -- 11. Inside the ESG Arms Race -- 12. Crowded Trades -- 13. Let's Speak Privately -- 14. Fight or Flee? -- Part 3: Solutions 15. Civics Lessons -- 16. Impact Investing at Scale -- 17. The 1.6 Percent "Solution" -- Conclusion (or How to Avert Our Failed Future) -- Acknowledgments -- Appendix: Exemplars of Hope -- Notes -- Index Impact investing. http://id.loc.gov/authorities/subjects/sh2019004580 Investments Moral and ethical aspects. http://id.loc.gov/authorities/subjects/sh87006090 Investments Social aspects. Sustainable development. http://id.loc.gov/authorities/subjects/sh92005743 Social responsibility of business. http://id.loc.gov/authorities/subjects/sh90005735 Investissements Aspect moral. Investissements Aspect social. Développement durable. Entreprises Responsabilité sociale. Investissements à retombées sociales. sustainable development. aat BUSINESS & ECONOMICS / Personal Finance / Investing bisacsh Electronic books fast Impact investing fast Investments Moral and ethical aspects fast Investments Social aspects fast Social responsibility of business fast Sustainable development fast |
subject_GND | http://id.loc.gov/authorities/subjects/sh2019004580 http://id.loc.gov/authorities/subjects/sh87006090 http://id.loc.gov/authorities/subjects/sh92005743 http://id.loc.gov/authorities/subjects/sh90005735 |
title | Sustainable : moving beyond ESG to impact investing / |
title_auth | Sustainable : moving beyond ESG to impact investing / |
title_exact_search | Sustainable : moving beyond ESG to impact investing / |
title_full | Sustainable : moving beyond ESG to impact investing / Terrence Keeley. |
title_fullStr | Sustainable : moving beyond ESG to impact investing / Terrence Keeley. |
title_full_unstemmed | Sustainable : moving beyond ESG to impact investing / Terrence Keeley. |
title_short | Sustainable : |
title_sort | sustainable moving beyond esg to impact investing |
title_sub | moving beyond ESG to impact investing / |
topic | Impact investing. http://id.loc.gov/authorities/subjects/sh2019004580 Investments Moral and ethical aspects. http://id.loc.gov/authorities/subjects/sh87006090 Investments Social aspects. Sustainable development. http://id.loc.gov/authorities/subjects/sh92005743 Social responsibility of business. http://id.loc.gov/authorities/subjects/sh90005735 Investissements Aspect moral. Investissements Aspect social. Développement durable. Entreprises Responsabilité sociale. Investissements à retombées sociales. sustainable development. aat BUSINESS & ECONOMICS / Personal Finance / Investing bisacsh Electronic books fast Impact investing fast Investments Moral and ethical aspects fast Investments Social aspects fast Social responsibility of business fast Sustainable development fast |
topic_facet | Impact investing. Investments Moral and ethical aspects. Investments Social aspects. Sustainable development. Social responsibility of business. Investissements Aspect moral. Investissements Aspect social. Développement durable. Entreprises Responsabilité sociale. Investissements à retombées sociales. sustainable development. BUSINESS & ECONOMICS / Personal Finance / Investing Electronic books Impact investing Investments Moral and ethical aspects Investments Social aspects Social responsibility of business Sustainable development |
work_keys_str_mv | AT keeleyterrence sustainablemovingbeyondesgtoimpactinvesting |