Group work financial management
.docx
School
University of Tasmania**We aren't endorsed by this school
Course
BFA 503
Subject
Economics
Date
Dec 17, 2024
Pages
1
Uploaded by GeneralNeutron2023
The social and environmental pressures on the current financial system by eight topics below:1.Environmental and Social Assessment and Management system2.Labour and working condition3.Pollution prevention and Abatement4.Community health, safety and security5.Land Acquisition and involuntary resettlement6.Biodiversity Conservation and sustainable natural resource management7.Indigenous people8.Cultural heritageReference: International finance corporation world bank group, (2012), IFC performance standards onenvironmental and social sustainability.Sustainable finance strategies can create long-term value for business and society because:Sustainable finance lead to increase long-term investment into sustainable economicactivities and projects.Sustainable finance generally refers to the process of taking due to account of socialconsiderations, which refer to issue of inequality, inclusiveness, labour relations, investmentin human capital and communities, as well as human right issues. Reference: ec.europa.eu,EuropeanComissionofficialwebsite,[online].Availableat:https://ec.europa.eu/info/business-economy-euro/banking-and-finance/sustainable-finance/what-sustainable-finance_en
