The power of community – Artemis Investment Management

‘Community relations’ are often viewed merely as a risk companies need to manage – here, Ryan Smith explains why impact investors should go further by looking for companies that harness the cultural and financial power of community.

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... The traditional ESG perspective regards community relations as an operational risk to be managed. Moreover, the Sustainability Accounting Standards Board’s (SASB)’s Materiality Map, often referenced by investors as a framework for considering ESG, only identifies ‘community relations’ as being of relevance to extractive industries: to mining, energy and chemicals companies.

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