When it comes to environmental, social, and governance (ESG) metrics, some say they're the most important factor when investing.
Others, however, say they're just as important if not more so.
Case in point: Australia's Commonwealth Bank, which has more than $100 billion in assets under management and is one of the biggest banks in the world, says it plans to start investing in companies that have a "positive social and environmental impact," CNBC reports.
The bank says it plans to invest in companies that have "a clear strategy for reducing carbon emissions and creating a low-emissions economy," as well as ones that have "a positive social and environmental impact on the local, regional, and global communities in which they operate."
The bank says it plans to start investing in companies that have "a clear strategy for reducing carbon emissions and creating a low-emissions economy," as well as ones that have a "positive social and environmental impact on the local, regional, and global communities in which they operate."
The bank says it plans to start investing in companies that have "a clear strategy for reducing carbon emissions" as well as ones that have a "positive social and environmental impact on the local, regional, and global communities in which
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.