Financing Change

by Schmidheiny, Stephan; Zorraquin, Federico J. L.; World Business Council for Sustainable Development

• ISBN13: 9780262692076
• ISBN10: 0262692074
• Edition: Reprint
• Format: Paperback
• Copyright: 1998-02-06
• Publisher: Mit Pr

Summary

Prominent industrialist Stephan Schmidheiny, coauthor of the influential book, Changing Course: A Global Business Perspective on Development and the Environment, joins Argentinean business leader Federico J. L. Zorraquin and the other 123 members of the World Business Council for Sustainable Development in taking a close look at whether the workings of financial markets (stocks, bonds, banks, and insurance companies) do, or should, support sustainable development. Largely descriptive rather than prescriptive, Financing Changeis the first study to examine questions that will become increasingly important as populations burgeon and the developing countries enter financial markets. It examines these issues in separate chapters covering the viewpoints of the financial market participants: company directors, investors and analysts, bankers, insurers, accountants, and raters.

Table of Contents

Foreword
Acknowledgments
The World Business Council for Sustainable Development
Executive Summary
Eco-efficiency and the Financial Markets	p. 3
Financial Markets and the Development Process	p. 29
The Company Leaders	p. 57
The Investors and Analysts	p. 77
The Bankers	p. 99
The Insurers	p. 117
The Accountants	p. 131
The Raters	p. 153
Appendix: Statement by Banks on the Environment and Sustainable Development	p. 177
Notes	p. 181
Glossary of Acronyms	p. 195
Selected Bibliography and Further Reading	p. 199
Index	p. 203
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