Climate change, economy, environment, Socially Responsible Investing, SRI

Climate Change Impacts: an Interview with Paul Beckwith

I was able to connect with Paul Beckwith first on March 20th, 2016 and more recently on May 18, 2018. We discussed the current state of Climate Change and what it means for global economic prospects. Professor Beckwith is a noted expert on Abrupt Climate Change. He is a professor at the University of Ottawa.

 

Prf. Beckwith starts by explaining, “I think the warming of the Arctic is destabilizing the climate system. The disruption of the temperature gradient between the Arctic and the temperate regions is what sets up weather patterns like the Jetstream. The Jetstream has basically broken down at this stage. The Whole arctic region is getting much darker due to sea ice loss, which leads to increased heat absorption, which then leads to accelerated glacial and ice melt.”

Climate change leads to drastic transitions and weather instability; higher temperatures mean more evaporation and more severe weather events.

In January of 2018 the arctic experienced a 40 degree temperature increase in a week, and this was during a time when the arctic was in 24 hours darkness. This has accelerated loss of sea ice in recent months, further disrupting the Jet Stream.

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diversity, economy, ESG, new economy, Socially Responsible Investing, SRI

Diversity Matters… Especially In Business

The economy is changing at a rapid pace. Companies in many sectors that have been pillars of the economy have fallen on hard times. Companies that were leaders in industrial America have seen their market cap fall by 2/3rds in the past year. Leaders in retail have closed hundreds of stores and laid off thousands of people. Even technology companies that started off strong in the past 10 years have suffered setbacks in the past year due to corporate governance issues.

 

As technology advances, the challenge for businesses to stay competitive becomes amplified. In the last 3 years, advances in robotics and AI (Artificial Intelligence) have significantly added to the bottom line of companies. That pace of change seems to be accelerating.

 

Learning how to deal with this change is a crucial issue for businesses.

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economy, new economy, Socially Responsible Investing, SRI

‘Be the change that you wish to see in the world’: A Speech to Cooperative Impact 2015, Princeton 5/14/2015

Several years ago, I was asked to give an opening keynote speech to a gathering of social innovation entrepreneurs. The message I think is one that continues to be relevant…

 

We are on the edge of the greatest entrepreneurial revolution in the history of mankind.

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Climate change, environment, Socially Responsible Investing, SRI

US intelligence agencies warn about managing risks in a climate changed world

A recent report by the US national intelligence agencies raised the issue of Climate Change and the impact they expect it to have on global stability.

“The nation’s intelligence agencies are warning, in the annual Worldwide Threat Assessment, of global instability if climate change continues unabated, according to a report submitted for a hearing Tuesday before the U.S. Senate Select Committee on Intelligence.”

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Climate change, economy, environment, ESG, new economy, retirement, Socially Responsible Investing, SRI

What is Socially Responsible Investing?

I have recently had several people ask me about SRI. What is it? Why does it matter?

The first thing to understand is SRI means different things to different people. Several years ago I attended a gathering of advisors focused on sustainability at the Bloomberg headquarters in NYC. I talked to many of the 300 attendees and what I found was every single person had a different interpretation of what SRI meant.

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