Perhaps no environmental challenge calls for more urgent action than climate change. If we are to avoid dangerous climate change, science tells us we must dramatically reduce greenhouse gas emissions during the next decades.
Of course, Pope Francis addresses this topic directly in his 2015 encyclical, Laudato Si’:
"Climate change is a global problem with grave implications: environmental, social, economic, political and for the distribution of goods. It represents one of the principal challenges facing humanity in our day" (Laudato Si’, 25).
I work in the investment industry and know many people who have welcomed Pope Francis’s clear and forceful call for changes in the way we live as a global community and produce and consume goods in order to slow and very quickly reverse the widespread harm to the environment.
We have seen that the goal of maximizing short-term profits far too often has driven business and investment decisions, with little attention to long-term sustainability or impacts to communities, employees, and the environment.
During my time in the field, however, I have seen a change in how business and investors think about their relationships with the people whose lives they touch and the natural environment.
To read the rest of Stu's reflection, click here.