Investors are more and more aware of their vital role in promoting sustainable development by practicing sustainable finance. They have to meet the growing expectations of institutions, sector and civil society to build responsible economies that take environmental, social and societal impact into consideration. They must also ensure that they will avoid the crisis that happened ten y ears ago. Their commitment is crucial to support companies that are determined to create value not only for themselves but also for all their stakeholders, defined as people “impacted by the decisions taken by companies”. The realization of sustainable development does not only rely on meeting ambitious economic, social and governance criteria. It also calls for fresh thinking. Investments in culture and art could play an important role in stimulating transformative ideas on sustainability issues. This session will explore sustainability visions, strategies and good practices of differemt stakeholders, including investors. Special emphasis will be paid to the role of culture and art in promoting sustainability.
Among the questions to be addressed:
- What are the key reference frameworks and stakeholders in sustainable finance?
- How much importance is attributed to culture, and which areas and aspects of culture are of particular importance?
- What are good practices of large or emerging investment funds involved in the media and cultural sector in terms of building bridges between human beings, stimulating individuals’ open minds and contributing to people’s well-being.