The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

CSR: Vive la 1% revolution!

Banks are learning the damage that being on the wrong side of environmental issues can cause.

havery-column-banner 600x172

I’m not sure what was more surreal last month – hearing that Donald Trump was about to go to Davos to tell everyone how great America is as an investment or watching his chief economic adviser, Gary Cohn, deliver the news on TV. 

Cohn seemed convinced in his own message, although it was interesting to see his old firm, Goldman Sachs, suggest that emerging markets offer a better opportunity than the US this year. Yes, that’s right – some of those ‘shithole’ countries may outpace America’s growth. 

Other national leaders, however, had different messages for the World Economic Forum. 

Justin Trudeau, prime mister of Canada, for example, urged corporates to tackle gender inequality. The UK’s PM Theresa May talked about the responsibility of technology firms to protect internet users. President of France Emmanuel Macron talked about the need for “moral ways to make profits” and taxation justice.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree