Lifestyle -- 17 days ago
Sustainable Investments: The new-wave investments balancing profit and purpose
With the world becoming more aware of the environment and social issues, several "sustainable investment" firms have popped up, offering both profit and a humanitarian rewards
“Greed is good,” says Gordon Gekko in the 1987 film Wall Street. But we’re nearly halfway through the 2020s now, and the socio-political paradigm has shifted since the era of contrast collars and brick-sized telephones. Several financial firms have started to make “sustainable and ethical” investment decisions. Usually, this means investing in businesses that have good practices regarding the treatment of their workers and the planet. However, critics argue that it is financially unwise for individuals to place their hard-earned cash into the hands of “moral investors” who promise to generate profit while prioritizing social ethics simultaneously. So, what’s the answer?
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