First, it was called ethical investing. Then, sustainable or responsible investing. Then it evolved to ESG investing or impact investing. Now, system-level investing is emerging.
In a piece for the High Meadows Institute, Founder and CEO Steve Lydenberg reflects back on his 50-year career and has some thoughts on what’s to come:
It has taken 50 years for investors—all investors—to reach the point where they acknowledge this emerging aspect of their discipline. It has taken decades of rethinking and renaming for investors to understand that they can appropriately play this new role. It has taken the unfolding of crises of a new sort—from the previously inconceivable facts of climate change to a new perception of what national income inequality means throughout the world—to place in boldface the nature of this needed change.
Read the full piece here.