They ask us to envision an economic system in which we consider how every action affects people around the world, now and for the future.
They look to ways where we can closely manage impacts on natural systems — our ‘life-support system’ — so we don’t excessively harvest, damage, or pollute at rates greater than those systems can regenerate.
They implore us to account for the full costs of our activities and address the market failure to account for the costs of negative effects on health, communities, or natural systems. No longer is it be acceptable, they say, to leave taxpayers, far-off communities, and future generations to bear the burden.
They are the Intentional Endowments Network (IEN), and they argue that we can create an economy that is sustainable, just, and powered by clean, renewable energy. Yes, it will take efficient resource management alongside sustainable business and investment practices, but it’s an approach that can create ample opportunities for dignified work and fair rewards for the contributions of both labor and capital.
And to reach these goals, the IEN says it will take endowment leadership to produce sustainable investing policies.
The Intentional Endowments Network is a peer-learning system where endowment staff, CIOs, trustees, and other fiduciaries learn about investing for a thriving, sustainable economy for the next generation.
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