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There's growing number of investors who are looking also at the non-financial side of business (social responsibility, environmental issues etc). Companies who
by jpalomaki 8y ago
There's growing number of investors who are looking also at the non-financial side of business (social responsibility, environmental issues etc). Companies who ignore these things exclude themselves from the portfolios of these investors.
Some banks and investors are saying the don't want to be involved with certain types of legitimate activities. Here's one example: "Deutsche Bank avoids entering into, or continuing, any kind of business relationship with entities with clear, direct links to the following types of Controversial Weapons business [...]" [1]
I'm not saying face recognition is same thing as antipersonnel mines, but things can change over the years, especially under pressure from public.
[1] https://www.db.com/newsroom_news/2018/deutsche-bank-upgrades-its-policy-on-controversial-weapons-en-11582.htm https://www.db.com/newsroom_news/2018/deutsche-bank-upgrades...
- remarkEon 8y ago>Companies who ignore these things exclude themselves from the portfolios of these investors. Sounds good to me. It seems very unwise to run your business based whatever pet project "socially conscious" investors are supporting this week.