Saturday, June 18, 2011

Al Gore Says Capitalism Can Save the World

In a keynote speech last week for the Forum for Sustainable and Responsible Investment, former Vice President Al Gore urged people to radically shift markets toward a more sustainable form of capitalism. 

Gore, of course, is famous for his environmentalism, less so for his capitalism. But he has a track record there, too. As chairman of Generation Investment Management, Gore has sought to leverage financial capital to effect social and environmental change among the business community. 

Generation Investment Management says its investment approach is based on the idea that sustainability factors—economic, environmental, social and governance criteria — will drive a company’s returns over the long term. 

“By integrating sustainability issues with traditional analysis, we aim to deliver superior investment returns,” it says. The firm has offices in New York, London, and Sydney and operates a unique global research arm. It integrates sustainability research into fundamental equity analysis.

http://www.marketwatch.com/story/al-gore-says-capitalism-can-save-the-world-2011-06-17