The Ethics of Pension Funds: Investors Making Change
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In this episode, we challenge the foundational purpose of modern business, asking a provocative question: Is your hard-earned pension money funding the very companies that undermine your long-term health and the stability of the planet? Michael Green, CEO of the Social Progress Imperative, is joined by Catherine Howarth, CEO of ShareAction, to expose this ultimate investment paradox, where the shareholders, the true owners of the world’s largest companies, are often not taken into consideration in the business decisionmaking process.
We explore the "democratic gap" that prevents shareholders from enforcing accountability on issues like climate action and fair wages, discuss the collective failure of the financial community to shift capital away from polluting industries, and explore Catherine's confident prediction about the capitalist system for the coming decade.
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