Finance Made Sustainable - The High Cost of Low Standards

Dominick Mitchell

Summary

This text serves as your contemporary guide to sustainable finance.With a world that's running at 2x speed, becoming more dynamic each day, sustainable finance finds itself becoming more and more important. From the shock waves of the pandemic to the rise and fall of digital currency, ethics of finance are taking center stage in our day-to-day life.The phrase "high cost of low standards" refers to the idea that in the long run, it is more expensive to maintain low standards or make poor quality decisions, rather than investing in high standards and making quality choices. This can apply to a variety of different areas, such as environmental sustainability, social responsibility, or financial management. When we choose low standards or make poor quality decisions, we may save money in the short term, but we will ultimately pay a higher price in terms of negative consequences or long-term costs. This could include things like increased environmental damage, social inequality, or financial instability. Ultimately, the "high cost of low standards" highlights the importance of considering the long-term consequences of our actions and investing in high standards in order to avoid costly mistakes or negative impacts in the future.How can we make finance more sustainable and keep up with the ever-changing economic climate? This book will take you through the nitty-gritty of sustainable finance - what it is, why it’s essential, what could happen if we fall short of our goals and how you can make your business practices align with the ESG values.

Available since: 02/07/2023.

Print length: 112 pages.

Business & Economics

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