Chapters 7-8 & 10 Flashcards
what’s private equity?
invests in mature companies, working to enhance their value over the long term.
ESG integrated
the most basic approach, considering ESG factors throughout the investment process.
ESG Targeted
investing in companies with the aim of improving specific ESG aspects
which one has longer investment horizons? hedge fund or mutual hedge fund?
mutual hedge fund has longer investment horizons which means they can respond to sustainability trends
how to view sustainability in private equity?
sustainability should be viewed as a value creation opportunity, rather than only a risk exposure.
what does a switch from offensive to defensive approach to CSR mean?
offensive means actively seeking ways to contribute positively to sustainability, defensive means merely mitigating risks
eco-efficiency (3)
- refuse
- reduce
- rethink
extend lifespan (5)
- reuse
- repair
- refurbish
- re-manufacture
- repurpose
materials application (2)
- recycle
- recover
define refuse under eco-efficiency
making a product redundant (by saying its functionally unnecessary, or by offering the same function by a radically different alternative)
=> e.g refusing to use single use plastics
define RETHINK under eco-efficiency
reconsidering current processes and materials, and identifying more sustainable alternatives
=> e.g sharing products, making them multi-functional
define REDUCE under eco-efficiency
minimizing the consumption of resources and materials to decrease the overall environmental footprint.
focuses on minimizing resource usage
=> e.g reducing the amount of packaging used.
define REUSE under extend lifespan
using a product multiple times without significant alteration
=> refilling and reusing a water bottle
define REPAIR under extend lifespan
fixing a product to extend its functional life
=> repairing a smartphone instead of buying a new one
define REFURBISH under extend lifespan
restoring a product to a new-like condition, involves cleaning or minor repairs
=> refurbishing furniture to give a fresh appearance