Investment Management Stewardship And Sustainability

Download Investment Management Stewardship And Sustainability full books in PDF, epub, and Kindle. Read online Investment Management Stewardship And Sustainability ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Investment Management, Stewardship and Sustainability

Author : Iris H-Y Chiu
Publisher : Bloomsbury Publishing
ISBN 13 : 1509953779
Total Pages : 491 pages
Book Rating : 4.5/5 (99 download)

DOWNLOAD NOW!

Book Synopsis Investment Management, Stewardship and Sustainability by : Iris H-Y Chiu

Download or read book Investment Management, Stewardship and Sustainability written by Iris H-Y Chiu and published by Bloomsbury Publishing. This book was released on 2023-02-09 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together thought leadership from academia and leading figures in asset management in key global jurisdictions, to pool together insights regarding the transformative visions and challenges for modern investment management, as well as best practices that realise the policy objectives in regulation and soft law. The world of investment management is being challenged by new legal, regulatory and soft law developments to demonstrate that their practices cohere with the long-term needs of the saving population as well as public interest needs in financing global sustainability and social development. The chapters in this book uniquely bring together the views of academia and practice on the key developments that can transform the law and practice of investment management, including the EU's new sustainable finance reform package, the UK Stewardship Code 2020, and developments in the US regarding the fit between fiduciary law for investment management and modern sustainability concerns. The book brings together the best of both worlds–critical thoughtful perspectives from academia and qualitative insight from the investment management industry. It will be of interest to researchers in law, investment management, business and management, practitioners in the investment management industry and their legal advisers, and policy-makers in the EU, UK and beyond who are grappling with the appropriate governance paradigms for bringing about more sustainable outcomes globally.

Investment Management, Stewardship and Sustainability

Author : Iris Chiu (H-Y)
Publisher :
ISBN 13 : 9781509953783
Total Pages : 0 pages
Book Rating : 4.9/5 (537 download)

DOWNLOAD NOW!

Book Synopsis Investment Management, Stewardship and Sustainability by : Iris Chiu (H-Y)

Download or read book Investment Management, Stewardship and Sustainability written by Iris Chiu (H-Y) and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together thought leadership from academia and leading figures in asset management in key global jurisdictions, to pool together insights regarding the transformative visions and challenges for modern investment management, as well as best practices that realise the policy objectives in regulation and soft law. The world of investment management is being challenged by new legal, regulatory and soft law developments to demonstrate that their practices cohere with the long-term needs of the saving population as well as public interest needs in financing global sustainability and social development. The chapters in this book uniquely bring together the views of academia and practice on the key developments that can transform the law and practice of investment management, including the EU's new sustainable finance reform package, the UK Stewardship Code 2020, and developments in the US regarding the fit between fiduciary law for investment management and modern sustainability concerns. The book brings together the best of both worlds-critical thoughtful perspectives from academia and qualitative insight from the investment management industry. It will be of interest to researchers in law, investment management, business and management, practitioners in the investment management industry and their legal advisers, and policy-makers in the EU, UK and beyond who are grappling with the appropriate governance paradigms for bringing about more sustainable outcomes globally.

Investment Management, Stewardship and Sustainability

Author : Iris H-Y Chiu
Publisher : Bloomsbury Publishing
ISBN 13 : 1509953760
Total Pages : 491 pages
Book Rating : 4.5/5 (99 download)

DOWNLOAD NOW!

Book Synopsis Investment Management, Stewardship and Sustainability by : Iris H-Y Chiu

Values at Work

Author : Daniel C. Esty
Publisher : Springer Nature
ISBN 13 : 3030556131
Total Pages : 246 pages
Book Rating : 4.0/5 (35 download)

DOWNLOAD NOW!

Book Synopsis Values at Work by : Daniel C. Esty

Download or read book Values at Work written by Daniel C. Esty and published by Springer Nature. This book was released on 2020-10-26 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable investing is a rapidly growing and evolving field. With investors expressing ever greater interest in environmental, social, and governance (ESG) metrics and reporting, companies face a sustainability imperative and the need to remake their business models to respond to an array of pressing issues including climate change, air and water pollution, racial justice, workplace diversity, economic inequality, privacy, corporate integrity, and good governance. From equities to fixed income and from private equity to impact-investing, investors of all kinds now want to understand which companies will be marketplace leaders in a business future redefined by sustainability. Thus, investment strategies, risk models, financial vehicles, applications, data, metrics, standards, and regulations are all changing rapidly around the world. In an effort to better understand the current status and movement of this dynamic field and to provide a practical reference for the growing pool of investors, financial advisors, companies, and academics seeking information on sustainable investing and ESG reporting, this edited book covers the latest trends, tools, and thinking. It showcases the work of authors from leading companies and academic institutions across a range of vital topics such as financial disclosure, portfolio assessment, ESG metrics construction, and law as well as regulation. Readers of the book will be better able to identify and address the hurdles to moving mainstream capital toward more sustainable companies, investments, and projects.

Governance, Stewardship and Sustainability

Author : George Dallas
Publisher : Taylor & Francis
ISBN 13 : 1000738833
Total Pages : 187 pages
Book Rating : 4.0/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Governance, Stewardship and Sustainability by : George Dallas

Download or read book Governance, Stewardship and Sustainability written by George Dallas and published by Taylor & Francis. This book was released on 2022-11-10 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first introductory practical guide of its kind, this book brings together principles of corporate governance, investor stewardship and enterprise sustainability in the context of institutional investment. Stewardship codes are developing in diverse markets to provide a framework for responsible institutional investment practices and fiduciary duties for beneficiaries. While codes provide a starting point, the application of stewardship in practical terms can be challenging for many institutional investors. Written by two well-known corporate governance experts, George Dallas and Mike Lubrano, and based on the ICGN training course on stewardship that they developed, this book gives needed clarity, rigor and guidance to practitioners about what we know—and don't know—about stewardship, governance and sustainability. It explores the theoretical foundations of stewardship, linking these to day-to-day decision-making and providing real-life examples and practical tools to evaluate issues that arise for companies from an environmental, social and governance perspective and generate ideas about how to make investor stewardship a practical reality in similar cases. Investor stewardship and ESG professionals, portfolio managers, senior managers, regulators and finance students will appreciate this unique guide to developing, refining and operationalising investor stewardship capabilities in line with the respected and internationally recognised ICGN policy framework.

ESG and Responsible Institutional Investing Around the World: A Critical Review

Author : Pedro Matos
Publisher : CFA Institute Research Foundation
ISBN 13 : 1944960988
Total Pages : 80 pages
Book Rating : 4.9/5 (449 download)

DOWNLOAD NOW!

Book Synopsis ESG and Responsible Institutional Investing Around the World: A Critical Review by : Pedro Matos

Download or read book ESG and Responsible Institutional Investing Around the World: A Critical Review written by Pedro Matos and published by CFA Institute Research Foundation. This book was released on 2020-05-29 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.

Sustainable Investing

Author : Hanna Silvola
Publisher : Springer Nature
ISBN 13 : 3030714896
Total Pages : 252 pages
Book Rating : 4.0/5 (37 download)

DOWNLOAD NOW!

Book Synopsis Sustainable Investing by : Hanna Silvola

Download or read book Sustainable Investing written by Hanna Silvola and published by Springer Nature. This book was released on 2021-06-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the latest methods of sustainable investing and financial profit making and describes how ESG (Environmental, Social, Governance) analysis can identify future business opportunities and manage risk to achieve abnormal returns. Megatrends such as climate change, sustainable development and digitalisation increase uncertainty and information asymmetry and have an impact on the future returns on investments. From a profit perspective, it is largely about how ESG factors affect the long-term value added by companies and the valuation of companies in the financial markets. Although sustainability provides an opportunity for abnormal returns, this phenomenon must be considered in a critical light. The book describes the risks and limitations associated with the accountability and availability of ESG data and tools. This book provides both academic findings and practical models for assessing the sustainability of investees and introduces practical tools and methods to make ESG analysis practice. It focuses on the ESG analysis of equity investments and fund investments in institutional investment organizations and provides a handbook for all investment analysts who are involved with investment decisions. Readers will benefit from understanding the methods, opportunities and challenges that professionals use in their ESG analysis with cases, interviews and practical tools for both institutional and private investors.

Evolutions in Sustainable Investing

Author : Cary Krosinsky
Publisher : John Wiley & Sons
ISBN 13 : 0470888490
Total Pages : 512 pages
Book Rating : 4.4/5 (78 download)

DOWNLOAD NOW!

Book Synopsis Evolutions in Sustainable Investing by : Cary Krosinsky

Download or read book Evolutions in Sustainable Investing written by Cary Krosinsky and published by John Wiley & Sons. This book was released on 2011-12-27 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Investing is fast becoming an essential method of generating long-term returns, moving beyond the negative approaches to socially responsible investing that have dominated the field. This book, our second on the subject, provides over 15 case studies of leading global investors and companies demonstrating how they successfully apply sustainability aspects to their core strategies. Learn from prominent thought leaders Dan Esty and Paul Hawken among others who have contributed key chapters. Our chapter on performance shows clearly how these strategies have been working once negative approaches are parsed out by those examining fund returns. This book also examines in great depth what data exists, and what's on the horizon, to best measure & capture sustainability successfully. Regional perspectives, including 3 chapters on Asia, and focuses on Canada, Australia, Africa & India are also included, as is a look across asset classes. Sustainable Investing, when performed with a positive perspective, has been outperforming the mainstream, unlike negative approaches designed to match benchmark returns. From eco-efficiency to sustainability-driven innovation and beyond, investors of all shapes & sizes need to know how best to position themselves for the radical market shifts underway.

Sustainable Investing in Practice

Author : Simon Smiles
Publisher : Kogan Page Publishers
ISBN 13 : 1398607916
Total Pages : 345 pages
Book Rating : 4.3/5 (986 download)

DOWNLOAD NOW!

Book Synopsis Sustainable Investing in Practice by : Simon Smiles

Download or read book Sustainable Investing in Practice written by Simon Smiles and published by Kogan Page Publishers. This book was released on 2023-01-03 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: The compelling promise of progressing profits, purpose and the planet is what drives sustainable investing. Yet the field is also packed with challenges and pitfalls for the finance industry. Sustainable Investing in Practice provides a pragmatic steer for how finance professionals can navigate the realities of ESG investing so they can achieve the impact they desire. It addresses the obvious problems - a lack of common standards, opaque vocabulary, irrelevant data - that investors face. And it explains the skewed incentives and compromises that have held sustainable investing back. Yet it does not dwell on obstacles and defeat. Instead, it shows readers how to develop sustainable strategies and improve outcomes, covering critical topics such as ESG ratings, data and disclosure policies and multi-asset portfolios, while also documenting successful practices and pointing out how to modify inadequate ones. Packed full of insightful examples, analysis and interviews from expert commentators such as Paul Polman KBE, Richard Curtis OBE, and Gillian Tett, the book provides useful ideas and plans for how to take sustainable finance forward while balancing credibility and commerciality in equal measure. Written by two pioneering leaders within sustainable investing, this is a must-read for every finance professional, investor and regulator-whether they are seeking to fast track their careers, bring commercial and sustainable learning to their organization, or upgrade their understanding of this crucial but complex topic. It will also be of interest to students taking modules on sustainable finance.

Sustainable Finance and Impact Investing

Author : Alan S. Gutterman
Publisher : Business Expert Press
ISBN 13 : 163742003X
Total Pages : 231 pages
Book Rating : 4.6/5 (374 download)

DOWNLOAD NOW!

Book Synopsis Sustainable Finance and Impact Investing by : Alan S. Gutterman

Download or read book Sustainable Finance and Impact Investing written by Alan S. Gutterman and published by Business Expert Press. This book was released on 2021-02-09 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides readers with a basic understanding of sustainable finance and impact investing including history, definitions of impact, current trends and drivers, future challenges, and an overview of the key players in the global impact ecosystem. The term impact investing first appeared in 2008. Today the most commonly used definition is investing made with the intention to generate positive, measurable social and environmental impact alongside a financial return. A wide range of individual and institutional investors that have already entered the impact investment marketplace and continued growing enthusiasm can be expected given that feedback from investors indicated that portfolio performance has generally met or exceed their expectations for both social and environmental impact and financial return. Established companies have been compelled to respond to calls by institutional investors to incorporate responsible environmental, social, and governance initiatives into their business models as a condition to continued support in public capital markets. Other companies seeking to demonstrate to impact investors their commitment to environmental and social responsibility have opted for emerging forms of legal entities, so-called social enterprises, which explicitly incorporate sustainability and multi-stakeholder interests into their governance and reporting frameworks. This book provides readers with a basic understanding of sustainable finance and impact investing including history, definitions of impact, current trends and drivers, future challenges, and an overview of the key players in the global impact ecosystem. The book also describes impact investment structures and instruments, social enterprises, and impact measurement and reporting.

Sustainable Investing

Author : Cary Krosinsky
Publisher : Routledge
ISBN 13 : 113654741X
Total Pages : 273 pages
Book Rating : 4.1/5 (365 download)

DOWNLOAD NOW!

Book Synopsis Sustainable Investing by : Cary Krosinsky

Download or read book Sustainable Investing written by Cary Krosinsky and published by Routledge. This book was released on 2012-05-23 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Investing is fast becoming the smart way of generating long-term returns. With conventional investors now scrambling to factor in issues such as climate change, this book captures a turning point in the evolution of global finance. Bringing together leading practitioners of Sustainable Investing from across the globe, this book charts how this agenda has evolved, what impact it has today, and what prospects are emerging for the years ahead. Sustainable Investing has already been outperforming the mainstream, and concerned investors need to know how best to position themselves for potentially radical market change.

Entrusted: Stewardship For Responsible Wealth Creation

Author : Ong Boon Hwee
Publisher : World Scientific
ISBN 13 : 9811207585
Total Pages : 260 pages
Book Rating : 4.8/5 (112 download)

DOWNLOAD NOW!

Book Synopsis Entrusted: Stewardship For Responsible Wealth Creation by : Ong Boon Hwee

Download or read book Entrusted: Stewardship For Responsible Wealth Creation written by Ong Boon Hwee and published by World Scientific. This book was released on 2019-10-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Times Business Book of the Month: October 2019 Our system of wealth creation is at a crossroads. It has contributed to economic and social progress. Yet it has also fuelled many problems from climate impacts, and air pollution, to digital manipulation and the invasion of privacy. In many parts of the world, there are demands for government action to restrain greed, irresponsibility and short-termism. But what about positive solutions? How do we define the contributions that we all want business and investment to make? That is the challenge to which Ong Boon Hwee and Mark Goyder respond. They argue that if our societies are to be set on a forward-looking virtuous cycle and a less damaging course, we will need every ounce of human ingenuity — the inventiveness of entrepreneurs, the dynamism of companies and the adaptability of markets. We need a sense of ownership and purpose, anchored on strong values. We need to be better at valuing the future and rewarding those whose work will benefit future generations. We need a better form of capitalism, one which, while promoting competition, is there to serve and not dominate; to respect human beings and not exploit them; to nurture our surrounding environment, and not destroy it. This will only be achieved by injecting the spirit and principles of stewardship into the decisions of investors, business leaders, regulators and citizens. The authors draw on their combined experience, gelling the perspectives of East and West, to offer a vision and agenda for responsible wealth creation. Stewardship means that we manage, nurture and grow what has been entrusted to us so that we hand it over in a better condition to the next generation. This book offers ideas and guidance for people in all levels of business — asset owners, asset managers, investors, shareholders, board directors, management, policymakers and regulators. It is a handbook for all those willing to play their part in responsible wealth creation, now and for future generations. It says to each participant — consider what you have been entrusted with, and then decide what you are doing about your stewardship responsibilities.

Investment Leadership and Portfolio Management

Author : Brian D. Singer
Publisher : John Wiley & Sons
ISBN 13 : 9780470543337
Total Pages : 224 pages
Book Rating : 4.5/5 (433 download)

DOWNLOAD NOW!

Book Synopsis Investment Leadership and Portfolio Management by : Brian D. Singer

Download or read book Investment Leadership and Portfolio Management written by Brian D. Singer and published by John Wiley & Sons. This book was released on 2009-09-29 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: An industry leader candidly examines the role of investment leadership in portfolio management Investment Leadership & Portfolio Management provides a top down analysis of successful strategies, structures, and actions that create an environment that leads to strong macro investment performance and rewarding investor outcomes. By examining how to manage and lead an investment firm through successful investment decision-making processes and actions, this book reveals what it will take to succeed in a radically changed investment landscape. From firm governance and firm structure-for single capability, multi-capability, and investment and product firms-to culture, strategy, vision, and execution, authors Brian Singer, Barry Mandinach, and Greg Fedorinchik touch upon key topics including the differences between leading and managing; investment philosophy, process, and portfolio construction; communication and transparency; and ethics and integrity. Leadership issues in investment firms are a serious concern, and this book addresses those concerns Details the strong correlation between excellence in investment leadership and excellence in portfolio management Written by a group of experienced professionals in the field, including the Chairman of the CFA Institute Board of Governors Understanding how to operate in today's dynamic investment environment is critical. Investment Leadership & Portfolio Management contains the insights and information needed to make significant strides in this dynamic arena.

The Short Guide to Sustainable Investing

Author : Cary Krosinsky
Publisher : Routledge
ISBN 13 : 1351275429
Total Pages : 67 pages
Book Rating : 4.3/5 (512 download)

DOWNLOAD NOW!

Book Synopsis The Short Guide to Sustainable Investing by : Cary Krosinsky

Download or read book The Short Guide to Sustainable Investing written by Cary Krosinsky and published by Routledge. This book was released on 2017-09-08 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast majority of invested assets do not consider environmental, social or governance (ESG) factors. Socially responsible investing (SRI) emerged to address these challenges, but it remains largely deployed in "negative strategies" such as sector screening, and continues to be a small investment niche, largely due to perceptions about potential underperformance.Sustainable investing is a new, more positive investment construct, described as "an investment discipline that explicitly considers future social and environmental trends in financial decision making, in order to provide the best risk-adjusted and opportunity-directed returns for investors. By anticipating these trends ahead of the market, sustainable investing seeks to identify 'predictable surprises' that can help maximize value over the long term."This concise guide by one of the sector's leading experts: Disentangles the terminology around SRI and describes a new, positive, opportunities-oriented paradigm for sustainable investing Showcases funds and strategies that are delivering outperformance within ecological limitsSets out the key megatrends and scenarios which investors need to consider, and Offers a practical guide to constructing a sustainable portfolio. This is absolutely essential reading for investors, fund managers and analysts who need to get up to speed on sustainable investing.

Your Essential Guide to Sustainable Investing

Author : Larry E. Swedroe
Publisher : Harriman House Limited
ISBN 13 : 0857199056
Total Pages : 175 pages
Book Rating : 4.8/5 (571 download)

DOWNLOAD NOW!

Book Synopsis Your Essential Guide to Sustainable Investing by : Larry E. Swedroe

Download or read book Your Essential Guide to Sustainable Investing written by Larry E. Swedroe and published by Harriman House Limited. This book was released on 2022-04-05 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable investing is booming. The investment industry is fast approaching a point where one-third of global assets under management are invested with a sustainable objective. But do sustainable investment products do what investors expect them to do? How can an investor tell if their investments are having the social impact they want? Does that impact come at a financial cost? And how can investors weave their way through the web of confusing acronyms, conflicting agency ratings, and the mass of fund offerings, confident that they can recognize and avoid corporate greenwashing? Larry Swedroe and Sam Adams cut through the fog and bring clarity on all of this and more—providing investors with a firm plan for truly sustainable investing. The authors first define sustainable investing, illuminating the differences between ESG, SRI and impact investing, and reveal who is currently investing sustainably and why. They then move on to a comprehensive review of the academic research. What does the data really say about risk and return in sustainable investing? What performance can you genuinely expect from sustainable investments? And how are today’s sustainable investors using their influence to drive positive changes for society and the environment? Finally, this book arms you with a practical guide to investing sustainably, including how to effectively choose your asset allocation strategy, and select the managers and funds through which your money can create the change you want to see in the world. Your Essential Guide to Sustainable Investing is the definitive go-to resource that investors have been waiting for.

Responsible Investment

Author : Will Martindale
Publisher : Springer Nature
ISBN 13 : 3031445368
Total Pages : 268 pages
Book Rating : 4.0/5 (314 download)

DOWNLOAD NOW!

Book Synopsis Responsible Investment by : Will Martindale

Download or read book Responsible Investment written by Will Martindale and published by Springer Nature. This book was released on 2024-01-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Responsible investment is going through a period of rapid change, from voluntary to mandatory, with regulators working to tackle greenwashing, investors responding to client and savers' demands, a proliferation of new sustainability themes and increased focus on real-world impact. Responsible investment is also ‘growing up’. And part of growing up is acknowledging limits and complexities, and making difficult decisions. Responsible investment has got this far by sticking to the script and not talking about the awkward bits in public. But this is no longer an option, and so it’s not surprising that it draws its critics. Part textbook, part briefing, part storytelling, this book is a personal and accessible account about the growth of an industry, what it’s got right, what it’s got wrong and if responsible investment is to matter, where we go next.

Grow the Pie

Author : Alex Edmans
Publisher : Cambridge University Press
ISBN 13 : 1009062719
Total Pages : 541 pages
Book Rating : 4.0/5 (9 download)

DOWNLOAD NOW!

Book Synopsis Grow the Pie by : Alex Edmans

Download or read book Grow the Pie written by Alex Edmans and published by Cambridge University Press. This book was released on 2021-11-11 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should companies be run for profit or purpose? This book shows how they can deliver both-based on rigorous evidence and an actionable framework. This edition, updated to include the pandemic and latest research, explains how managers, investors and citizens can put purpose into practice-and overcome the difficult trade-offs that hold them back.