“It is a rapid and sudden reversal of the spirit of the times. Until just a few months ago, a commitment to sustainability — and the active engagement of the financial sector and businesses in tackling climate change and inequality — seemed to be highly visible and indispensable imperatives. Today, those same commitments are being downplayed, concealed, or even repudiated.
Or so it would seem from a number of telling examples: financial institutions withdrawing assets from funds with the strongest focus on climate action, and companies scaling back their diversity, inclusion, and minority-protection policies.”
Mario Calderini offers a wide-ranging analysis of the changing landscape of sustainability in Corriere della Sera.
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