In Gambling on Green: Uncovering the Balance between Revenues, Reputations, and ESG, veteran financial services executive Keesa Schreane delivers a straightforward and practical guide for business leaders and investors navigating the world of environmental, social, and governance (ESG) issues. As ESG debates and scandals find their way to both newspapers and 10-Ks, many managers feel lost and unclear about how to drive a sustainable approach. Readers will learn to identify corporate sustainability, recognize good corporate governance and social responsibility, and understand what makes a company an exemplary steward of the environment.
You’ll also discover: - Why ESG investing is increasingly important and how the most successful asset managers are building their sustainable portfolios - How a business commitment to creating products with ESG in mind can benefit revenue efforts and increase customer loyalty - How to cut business costs through sustainable operations - Different sustainable bonds and how to leverage each to promote ESG while maintaining positive returns - How some companies have incorporated ESG with spectacular success and others have ignored it completely - sometimes, to their peril
With compelling case studies and thoughtful analysis, Gambling on Green is a must-read for anyone interested in how investors and corporations are shifting their focus toward environmental, social, and governance issues. This book will earn a place on the shelves of retail and institutional investors, executives, and board members looking for a roadmap to some of the defining corporate and social issues of our time.
Table of Contents
Acknowledgments ix
About the Author xi
Introduction xiii
1 History of Environmental and Corporate Entanglement 1
2 New Businesses and New Business Models 21
3 The Partnership between Investors and Corporations 45
4 The New World of Bonds 71
5 Rating Regional ESG Progress 93
6 The Role of Ratings 125
7 How Public and Private Partnerships Can Support ESG 149
8 Partnership, Philanthropy, and the Pursuit of Social Good 171
9 ESG Frameworks and Voluntary Standards 199
10 Challenges of Today and Tomorrow 221
Appendix: ESG Analysis for Beginners 259
Index 269