Many investors care about more than making money, as the ESG trend shows. But what’s the best way for them to have a positive impact on society?
Nobel Prize-winning economist Oliver Hart has been studying impact investing and shares insights into his research in this DLD Munich conversation with Felicitas von Peter, Managing Partner of Active Philanthropy, a platform that serves investors who want make an impact in climate action and protecting the environment.
One of Prof. Hart’s core demands is giving shareholders a greater say in corporate decision making.
“When it comes to the political sphere, we think of democracy as being a good thing”, he explains. “I think in the corporate sector, the same thinking applies. We should have shareholder democracy.”
