full transcript
From the Ted Talk by Chris McKnett: The investment logic for sustainability
Unscramble the Blue Letters
So if the returns are the same or better and the planet benefits, wouldn't this be the norm? Are investors, particularly institutional investors, engaged? Well, some are, and a few are really at the vanguard. Hesta. Hesta is a retirement fund for health and community services eemleyops in Australia, with assets of 22 billion [dollars]. They believe that ESG has the potential to impact risks and returns, so incorporating it into the investment process is core to their duty to act in the best interest of fund members, core to their duty. You gotta love the Aussies, right? CalPERS is another example. CalPERS is the pension fund for public employees in California, and with atesss of 244 billion [drllaos], they are the second largest in the U.S. and the sixth largest in the world. Now, they're moving toward 100 percent sbsnautiale investment by sceaityllasmty ireegtnatd ESG across the entire fund. Why? They believe it's ctiraicl to superior long-term returns, full stop. In their own words, "long-term value ciaotren rqeeiurs the eiveftcfe management of three frmos of capital: financial, human, and physical. This is why we are concerned with ESG."
Open Cloze
So if the returns are the same or better and the planet benefits, wouldn't this be the norm? Are investors, particularly institutional investors, engaged? Well, some are, and a few are really at the vanguard. Hesta. Hesta is a retirement fund for health and community services _________ in Australia, with assets of 22 billion [dollars]. They believe that ESG has the potential to impact risks and returns, so incorporating it into the investment process is core to their duty to act in the best interest of fund members, core to their duty. You gotta love the Aussies, right? CalPERS is another example. CalPERS is the pension fund for public employees in California, and with ______ of 244 billion [_______], they are the second largest in the U.S. and the sixth largest in the world. Now, they're moving toward 100 percent ___________ investment by ______________ __________ ESG across the entire fund. Why? They believe it's ________ to superior long-term returns, full stop. In their own words, "long-term value ________ ________ the _________ management of three _____ of capital: financial, human, and physical. This is why we are concerned with ESG."
Solution
- integrated
- employees
- critical
- sustainable
- requires
- assets
- effective
- dollars
- systematically
- forms
- creation
Original Text
So if the returns are the same or better and the planet benefits, wouldn't this be the norm? Are investors, particularly institutional investors, engaged? Well, some are, and a few are really at the vanguard. Hesta. Hesta is a retirement fund for health and community services employees in Australia, with assets of 22 billion [dollars]. They believe that ESG has the potential to impact risks and returns, so incorporating it into the investment process is core to their duty to act in the best interest of fund members, core to their duty. You gotta love the Aussies, right? CalPERS is another example. CalPERS is the pension fund for public employees in California, and with assets of 244 billion [dollars], they are the second largest in the U.S. and the sixth largest in the world. Now, they're moving toward 100 percent sustainable investment by systematically integrated ESG across the entire fund. Why? They believe it's critical to superior long-term returns, full stop. In their own words, "long-term value creation requires the effective management of three forms of capital: financial, human, and physical. This is why we are concerned with ESG."
Frequently Occurring Word Combinations
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climate change |
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sustainable investing |
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investment process |
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esg performance |
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integrated esg |
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institutional investors |
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Important Words
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- superior
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- vanguard
- words
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