Article
One Year On: Global Compact Maps Progress on Mainstreaming ESG [environmental, social, governance] Considerations
Two recent reports [UN Global Compact's "Who Cares Wins: One Year On" & "Investing for Long-Term Value" by UN Global Compact, IFC, Swiss Federal Department of Foreign Affairs] paint a vivid picture of developments over the past year on integrating environmental, social, and governance considerations into traditional financial analysis. [Lists companies that have set up or significantly expanded environmental, social, governance teams in the last year: Citigroup, Deutsche Bank, Dresdner Kleinwort Wasserstein (part of Allianz), Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, UBS]