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Sustainable finance has become a mainstream topic and controversial - with calls for extra reporting by business; increasing shareholder and institutional investor activism; a parliamentary inquiry; and frequent media discussion. It has the potential to bring trillions of dollars of investment to the task of transforming environmentally damaging infrastructure and practices to much reduced impact and environmental repair. Green Finance (NSW G Office) WISE Briefing Note
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Socially responsible investment has great potential to align individual values and community aspirations for a sustainable economy, with business activity. However it is suffering from a lack of credibility due to greenwash and inconsistent practices, resulting in a loss of investor confidence in the capacity of business to genuinely advance sustainability.
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