Standard Bank’s Annual General Meeting last week was a first for South Africa.
Shareholders organised to force the bank to disclose the environmental impact of clients to which the bank provides funding.
They failed, but set the trend; there will be others as “ESG” investing gains momentum around the world.
ESG refers to “environmental, social and governance” - factors that measure the sustainability of companies.
Ingram discussed how you, as a shareholder, can help compel the investment industry to change its ways by pressuring your fund manager to vote to force companies to disclose more.
“Win at all costs” capitalism is not sustainable, but listed companies, banks and fund managers will not take this seriously without pressure from shareholders.
If your fund manager doesn’t take you seriously; there are a vast number of investment available to “ESG” investors.
For more detail, listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
The Money Show's Bruce Whitfield interviews Clement Manyathela (EWN) and Kevin Lings, Chief Economist at Stanlib Asset Management.
Parliament must scrutinise her misconduct, says Lawson Naidoo of the Council for the Advancement of the SA Constitution.
Spare a thought for Sutherlanders – they now must drive 260 kilometres to Laingsburg, says Business Insider’s Phillip de Wet.
Lagos - home to 22 million people – is suffering an extreme housing shortage. Bruce Whitfield interviews Lee Kasumba.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.
Only when consumer journalist Wendy Knowler chased Standard Bank did they admit wrongdoing that cost a client R41 000.
Plass senior researcher Dr Farai Mtero explains what the law says about evictions.
Association of Rural Advancement director Laurel Oettle praises ruling by ConCourt to uphold move to appoint a special master.
The inspiring South African choirU2's Beautiful Day at America's Got Talent quarter-finals.
Bruce Whitfield interviews Anthea Gardner, author of "Make Your Money Work for You: Think Big, Start Small".
Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).
The reason for the leakage has been revealed, explains Table Mountain Aerial Cableway MD Wahida Parker.
W Cape Traffic Chief Kenny Africa says private security working with the department is helping curb the stonings on the highway.
Gift of the Givers fears two South African men who went missing in Vietnam may have fallen prey to an organ harvesting syndicate.