AAA (blue-chip company)

, 143–144

Abu Dhabi’s Mubadala

, 5–6

Amazon Web Services

, 45

American alpha-male capitalism

, 29–30

American corporation

, 121

American society

, 91

Anglo-Saxon model

, 56

Apple (company)

, 99

Artificial intelligence (AI)

, 128–129

Assets

, 69

Australian Securities and Investments Commission (ASIC)

, 109

Barcelona Olympics

, 121

BDO

, 109

Biden administration

, 32–33

Big Tech firms

, 113–114

Bitcoin

, 46–47

Black lives matter (BLM)

, 83

movement

, 83

BlackRock’s portfolio companies

, 7–8

Boomer generation’s signature legacy

, 123

Brexit referendum (2016)

, 8–9

Bridge fuel

, 38–39

Buffett’s conglomerate

, 52–53

Business and profit motive collides with nonfinancial and longer term environmental and social challenges, short-termism in

, 49–64

Business community

, 4

Business Roundtable (BR)

, 85–86, 91

Capture process

, 72

Carbon

neutral

, 76

price setting process

, 76

Carbon capture, utilization, and storage (CCUS)

, 71–72

skeptics

, 73–74

technology

, 72–73

Carbon dioxide (CO₂)

, 19

Central banks

, 113

Centre for Climate and Energy Solutions (C2ES)

, 39–40

Centrifugal force

, 136–137

Centripetal forces

, 136–137

CEO

, 65–79

Chief Financial Officer, The

, 66

Chief Risk Officer (CRO)

, 111–112

Chief Sustainability Officer (CSO)

, 62, 68

of DWS

, 139–140

Clean Air and Clean Water Acts

, 26–27

Climate Action Tracker

, 19

Climate activists

, 137

Climate change

, 32–33

Climate space

, 70–71

Codetermination

, 133–134

Colonial Oil pipeline shock

, 23

Columbia Climate School, The

, 46–47

Commissioner, The

, 39–40

Confluence Philanthropy

, 87–88

Conservative activists

, 87

Conventional wisdom

, 20

COP26

, 37–38

COP26 climate summit at Glasgow

, 37

Corporate culture

, 60

Corporate power

, 87

Corporate Sustainability and Reporting Directive (CSRD)

, 89–90

COVID-19

, 14, 19–20

Credit rating agencies (CRAs)

, 143, 145

Credit rating process

, 145–146

CSR

, 100

D & O insurance

, 104

Depression-era Glass-Steagall Act

, 30

Deutsche Asset Management (DWS)

, 139–141

funds

, 140–141

Divergent approaches

, 144

Diversity

, 93–96

Diversity and inclusion (D & I)

, 94

Europe–0, America–1

, 96

programs

, 94

score as follows

, 96–98

supply chains

, 96–98

Drug addicts

, 18

Earth Day

, 26–27

Economic Policy Institute, The

, 14, 116–117

Economist, The

, 42–43, 81–83, 85, 137

Electrification of mobility

, 39–40

Environment Protection Agency (EPA)

, 26–27, 45–46

Environmental, social, governance (ESG)

, 1–16, 82

complex

, 136–137

consultants complex

, 2–3

ESG-inputs

, 138–139

ESG-linked pay

, 117–118

group of elders have oversight over

, 103–118

millennials transform hidebound culture of business and deliver

, 119–134

output funds

, 138–139

regulatory framework

, 101

Environmental Policy Act

, 26–27

Equity analysts

, 49–50

Eschews nepotism

, 138–139

EU Emissions Trading System (EU ETS)

, 74–75

EU’s Sustainable Finance Disclosures Regulation (SFDR)

, 140

European approach

, 56

European Commission (EC)

, 39, 77–78, 92–93

European Commission’s Financial Services, The

, 39

European Council, The

, 89–90

European regulators

, 89–90

European Union (EU)

, 56

law

, 89–90

sustainability taxonomy

, 89–90

ExxonMobil (oil company)

, 72

Financial markets

, 137

Financial Times

, 8, 50, 138

Fire clouds

, 21

Fire-fighting technology

, 21

Focusing capital on the long-term (FCLT)

, 52–53

project

, 53

Forum report, The

, 44

Fossil fuels sector

, 33–34

Friedman doctrine

, 27–28

Friedman’s theory

, 30

Geopolitics

, 37–38

Glasgow Financial Alliance for Net Zero (GFANZ)

, 73–74, 115, 146–147

Global Carbon Project, The

, 34–35

Global economy’s reliance on all things carbon, perverse economics behind

, 31–47

Global financial crisis (GFC)

, 116–117

Global investors

, 147–148

Global minimum corporate tax (GMCT)

, 99–100

Go with the flow (GWTF)

, 126

Google

, 91–92, 128–129

Green metals

, 36

Greenpeace

, 11–13

Grey London

, 8–9

Grime

every country’s great fortune

, 17–30

Group of elders have oversight over ESG

, 103–118

Guardian, The

, 58–59

Hackers

, 18–19

Harvard Business Review

, 131–133

IMF

, 22

Inclusion

, 93–96

Indian economy, The

, 36

Inflation Reduction Act

, 42

Integrity Council for the Voluntary Carbon Market

, 76–77

Intergovernmental Panel on Climate Change (IPCC)

, 20–21, 33–34

report

, 22

International banks

, 82–83, 97–98, 146

International community

, 23

International Energy Agency (IEA)

, 25, 44

International Monetary Fund

, 4–5

International NGOs

, 78, 137

Investing approach

, 138–139

Investors

, 92, 137

Iranian Revolution

, 23

ISS

, 140

Key performance indicators (KPIs)

, 149–150

Laissez faire capitalism

, 28

Legacy systems

, 113–114

Long-term investor (LTI)

, 56–57

Malaysia’s national oil company

, 37

Methane (CH₄)

, 19

Millennials

, 125

transform hidebound culture of business and deliver ESG

, 119–134

MIT Sloan Management Review

, 126–127

Modern Slavery Act

, 149–150

Monetary Authority of Singapore (MAS)

, 148–149

Morningstar Sustain analytics

, 140

Mortgage-backed securities (MBS)

, 61

MSCI

, 140

Multilateral agencies

, 82–83

Multilateral organizations

, 22

Multinational companies

, 82–83, 97–98

Multinational corporations

, 146

National governments

, 137

Natural disasters

, 19

Natural language processing techniques

, 143

Net zero

, 76

emissions

, 65–79

Network for Greening the Financial System (NGFS)

, 112–113

New York Times, The

, 24–26, 38–39, 61–62, 83, 95–96

Nongovernmental organization (NGO)

, 11–12, 66–67

activism

, 121

campaign

, 121

North America Free Trade Agreement (NAFTA)

, 28–29

Office of the Comptroller of Currency (OCC)

, 108–109

Organization of Petroleum Exporting Countries (OPEC)

, 23

Pandemic

, 36–37

Paris Climate accord

, 53–54

Payment crisis

, 24

Pentagon

, 32–33

Perverse economics behind global economy’s reliance on all things carbon

, 31–47

Planting trees

, 100

Post, The

, 85

Potsdam Institute for Climate Impact Research

, 35

Pragmatists, The

, 71, 77

Principal uncertainty

, 111–112

Private-property system

, 27

Production process

, 44–45, 72

Project Maven

, 128–129

Protectors, The

, 71, 74–77

Prussian Army

, 131–133

Puutu Kunti Kurrama and Pinkura people (PKKP)

, 59–60

PWC (Global consulting firm)

, 63

Qatar Investment Authority

, 5–6

RAND Corporation

, 15

Rebalancing process

, 78

Remote workers

, 15

Renewable energy

, 39–40

Russian Army

, 33

Russian invasion

, 37–38

S & P Global Corporate Sustainability Assessment (S & P Global Corporate CSA)

, 144

Saudi Arabia’s Public Investment Fund

, 5–6

Science-based Targets Initiative (SBTI)

, 115

Scottish oil company Cairn Energy

, 11–12

Securities and Exchange Commission (SEC)

, 87

Short-termism in business and profit motive collides with nonfinancial and longer term environmental and social challenges

, 49–64

Silicon Valley

, 133

Singapore’s central bank

, 148–149

Singapore’s GIC

, 5–6

Socially responsible investing investors (SRI investors)

, 96

Sony

, 120

Steel manufacturing

, 44–45

Streamlined energy and carbon reporting (SECR)

, 149–150

Supply chains

, 96, 98, 100

Europe–0; America–0

, 98

management

, 149–150

metrics

, 98

social impact

, 98–100

Supply crisis

, 24

Sustainability

, 4–5, 67

sustainability accounting standard board’s materiality matrix

, 2–3

Sustainable finance (SF)

, 77

Sustainalytics

, 117

Swiss bank

, 94–95

Systems-based approach

, 45–46

Task-force for Climate Financial Disclosures (TCFD)

, 2–3, 68–69, 105

Taxes

, 99–100

Technology

, 92–93

Temasek

, 5–6

Time and Newsweek

, 24

Time magazine

, 1

Top Gun movie

, 31

Toyota

, 120

Treating customers fairly (TCF)

, 93

U.S. Department of Defense

, 31–32

UBS

, 94–95

UK’s Modern Slavery Act

, 90

UN’s Department of Economic and Social Affairs (DESA)

, 142–143

United Nation (UN)

, 22

secretary general antonio gutteres

, 22

United Nations Climate Summit

, 120–121

United Nation’s Sustainable Development Goals (SDGs)

, 1–2, 53–54

United Nations General Assembly (UNGA)

, 130–131

US Armed Forces

, 31–33

US Department of Agriculture

, 18–19

Washington Post, The

, 85

Watson Institute

, 31–32

Wirecard

, 50

Woke capitalism

, 3, 86–87, 122–123, 137

consumer protection

, 91, 93, 96

on diversity & inclusion, score as follows

, 96–98

diversity and inclusion

, 93–96

driving companies to focus on social justice issues and amount to

, 81–91

Europe–0; America–0

, 101

on social impact

, 101

on supply chains

, 98–100

World Bank

, 36, 82–83

World Economic Forum, The

, 43–44, 150

World Meteorological Organization (WMO)

, 20

World Trade Organization (WTO)

, 35–36

Yom Kippur war

, 23