The sustainable capital revolution : banking for the future

• Main Author: Scardovi, Claudio (Author)
• Format: Electronic eBook
• Language: English
• Published: Abingdon, Oxon ; New York, NY : Routledge, 2026.
• Series: Routledge international studies in money and banking.
• Subjects: Finance > Environmental aspects.; Capital > Environmental aspects.; elektronické knihy; electronic books
• ISBN: 9781003540397; 1003540392; 9781040404621; 1040404626; 9781040404638; 1040404634; 9781032889214; 1032889217; 9781032889238; 1032889233
• Physical Description: 1 online resource.
• Access: Plný text je dostupný pouze z IP adres počítačů Univerzity Tomáše Bati ve Zlíně nebo vzdáleným přístupem pro zaměstnance a studenty

"Modern capitalism has focused on profit maximization, at the expense of non-renewable natural resources. This has led to wealth polarization, i.e. social unsustainability, and climate change, i.e. environmental. Value migration has occurred between the ultra-rich and the "remaining 99%", and across generations, with increased longevity and a demographic winter expected to contribute even more. All this has led us on a collision course with several existential threats.A quick and decisive sustainability conversion is necessary, requiring significant investment and careful management of trade-offs-suchas those between environmental and financial risk. A "sustainable capital" approach would account for all scarce resources used in any investment decision and adjust its risk-based pricing. It would redefine the foundations of modern finance and economics, overcoming thelimits, and negative implications, of well-known metrics, supporting the funding required for green conversion and reduced wealth polarization. Ultimately, a "sustainable capital" approach could inform long term sustainability transformation strategies and be used to develop a first set of pragmatic, market-based initiatives, involving non-bank funding and with an operating partner approach, to accelerate a "wealth to wellbeing" and a "brown to green" transformations andthe workout of the (otherwise stranded) socially and environmentally non-performing assets - securing the survival and evolution of oureco-system. This book is aimed at those involved in the world of finance, investment management and banking, with a specific focus on sustainable finance and green transformation. It will also be of relevance to readers interested in economic policies and on the broader topic of equality, social sustainability, and wealth creation"-- Provided by publisher.