Prof leads centre in making sustainability's upsides known to finance/investment pros

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Uploaded by on Dec 22, 2011

http://concordia.ca/headlines

Paul Shrivastava is director of the David O'Brien Centre for Sustainable Enterprises that forms part of the John Molson School of Business at Concordia University in Montreal. Dr. Shrivastava has dedicated himself to improving worldwide sustainability after seeing the human devastation caused by the industrial mishap at a pesticide plant in his hometown of Bhopal, India, in 1984. He talks with Stephen Kibsey, vice president of equity risk management at the Caisse de depot et placement du Québec (one of Canada's leading institutional fund managers with more than $150 billion in assets), about the dangers of businesspeople taking shortcuts rather than investing in sustainability practices that pay off in the longer run. They discuss the ESG factors (environment, social responsibility and governance) that finance and investment professionals should take into consideration before deciding where to put money. They also compare the consumption of first-world and developing nations.

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