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FINDING SUSTAINABLE PATHWAYS

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Our process helps Canada achieve sustainable development solutions that integrate environmental and economic considerations to ensure the lasting prosperity and well-being of our nation.

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We rigorously research and conduct high quality analysis on issues of sustainable development. Our thinking is original and thought provoking.

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Home / Working Paper Series / Working Paper # 2 The Financial Services Industry and Sustainable Development: Managing Change, Information and Risk (January 1993)

Working Paper # 2 The Financial Services Industry and Sustainable Development: Managing Change, Information and Risk (January 1993)

By J. Anthony Cassils Working Paper # 2 The Financial Services Industry and Sustainable Development: Managing Change, Information and Risk (January 1993)As managers of risk, members of the financial services industry can make a major contribution to sustainable development and add to their own profitability by recognizing that the environmental sustainability of a company is critical, especially for medium and long-term risk assessment, and developing and applying their own criteria for sustainable development for internal use when assessing the degree of environmental risk associated with some of their clients. This paper supports the assumption that sustainable development is emerging as the new business norm, reviews some of the responses to environmental concerns in the various segments of the financial services industry, suggests 10 criteria to assist in the assessment of long-term risk, and concludes with some proposals that could help the industry to make its contribution to the implementation of sustainable development.

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WorkingPaper # 2 The Financial Services Industry and Sustainable Development: Managing Change, Information and Risk (January 1993) (4.28 Mb - 41 pages) Date: 1993