An Article from Wikipedia: Environmental, social and corporate governance

https://en.wikipedia.org/wiki/Environmental,_social_and_corporate_governance

Please, go to the above link. I reckon  this article provides very interesting information. It says: “Environmental, social and governance(ESG) refers to the three central factors in measuring the sustainability and ethical impact of an investment in a company or business.”

So, what do you think, do people think about sustainability or the ethical impact of their investment in a company or business,

or do they just think where they can get the highest profit?

Here is also an interesting link to Market Governance Mechanisms (MGMs):

https://en.wikipedia.org/wiki/Market_governance_mechanism

In this Wikipedia article it says:

Market governance mechanisms(MGMs) are formal or informal rules that have been consciously designed to change the behaviour of various economic actors – including individuals, businesses, organisations and governments – to encourage sustainable development.

Well known MGMs include fair trade certification, the European Union Emission Trading System and Payment for Ecosystem Services (PES).

MGMs, meanwhile, are not to be confused with market-based instruments, for MGMs, as a group, includes command and control regulations as well as regulatory economics. As such, MGM is a broader classification.

2 thoughts on “An Article from Wikipedia: Environmental, social and corporate governance

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s