Financing Change: The Financial Community, Eco-Efficiency, and Sustainable Development

Couverture
MIT Press, 1996 - 211 pages

Largely descriptive rather than prescriptive, Financing Change is the first study to examine questions that will become increasingly important as populations burgeon and the developing countries enter financial markets.

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. Zorraquín 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 Change is 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.

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Table des matières

Ecoefficiency and the Financial Markets
3
Financial Markets and the Development Process 29
29
The Company Leaders
57
The Investors and Analysts
77
The Bankers
99
The Insurers
117
The Accountants
131
The Raters
153
Statement by Banks on the Environment
177
Glossary of Acronyms
195
Index
203
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