ESG and the Future of Business
“There is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits.” This quote by famed economist Milton Friedman, as well as his held belief that a business should be accountable only to its shareholders, is increasingly falling out of fashion. Employee and consumer activism about increasingly emergent global issues are causing more and more businesses to adapt and become better corporate citizens. This has also led to the rise of impact investing.
ESG, referring to Environmental, Social, and Governance, represents the three key dimensions in measuring the sustainability and societal impact of a business. Today, we’ll be speaking with three business leaders about ESG, impact investing, and whether it is here to stay.
Judy Cotte is the CEO of ESG Global Advisors, a firm that bridges the gap between companies and investors on environmental, social and governance (ESG) factors. Judy is a globally recognized expert on ESG and responsible investment, with over 20 years legal experience, the last twelve of which have been exclusively focused on ESG.
Narinder Dhami is a Managing Partner at Marigold Capital, an impact investment fund operating in Canada and northeast US. Narinder is a senior leader in the world of social finance and impact investing and has worked across North America and the Global South. She has also been recognized as a BMW Foundation Responsible Leader and was 2019 Canada’s Top 40 Under 40 honouree. Narinder is also a lecturer at Ryerson University and co-created the first course on micro-financing and impact investing at the University of Toronto.
Ian Brodie Brown is the founder of AurCrestGold Inc. and now serves as the Director of Business Development. Ian has spent his career in the resource business, having worked around the globe representing the mining profession both as an executive and as a consultant. Ian has worked globally in areas like Afghanistan for the U.S. government’s task force for business stability operations and locally, in creating a First Nations exploration company that represents the modern capitalist objectives of participation and inclusion.
Produced By:
Elliott Simpson - Junior Producer
Shail Vin - Junior Producer
Brody Longmuir - Senior Producer
Erin Christensen - Executive Producer
Music:
Waitin on a Sunny Day, Bruce Springsteen
Brother, Rural Alberta Advantage