VIBERT'S VIEW
  • Home
  • Blog
  • About

Mainstreaming ESG: Sprinkles on the Cupcake?

9/15/2019

0 Comments

 
Picture
Businesses in today’s market place, in both the financial and non-financial sectors now have to pay attention to the environmental and social impact of what they do, as well as to respect high standards of corporate governance. The group of standards is commonly referred to as ‘ESG’. ESG is now a mainstream activity. President Trump resists. He is mistaken (again).
​
This blog sees a need to improve the authentication, oversight and scrutiny of ESG claims, ratings and indexing. Despite the efforts of bodies such as the SASB, (Sustainability Accounting Standards Board) and the Principles for Responsible Investment body (PRI) supported by the UN, there are conflicts of interest that produce a lack of rigor and consistency. The labels are scattered around like sprinkles on a tray of cupcakes.

Read More
0 Comments

Do We Need a Global Currency?

9/1/2019

0 Comments

 
Picture
The idea that we should have an artificial global currency detached from the currency of any single nation, or currency zone, has not figured on the international financial agenda for many years. In particular it did not surface in the response to the 2008 international financial crisis.

There are good reasons for this... and bad. The good reason is that the world is awash with liquidity in the aftermath of quantitative easing by the leading Central Banks of the world. We therefore do not seem to need any fresh source of liquidity that a globally managed currency could potentially provide. 

​The bad reason is the lack of support in the US, the Eurozone and China because of their own self-interest in relation to their own currencies. They do not have in mind  broader global considerations. 

The question is now re-emerging in the context of moves towards private, digital currencies for domestic and international use. Facebook’s proposal for the Libra, based on a basket of values, is particularly important. The US Fed, the US treasury and Trump himself have urged caution. This blog suggests we should be open-minded to this development.

Read More
0 Comments

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018

    RSS Feed

Copyright Frank Vibert 2018-2019   |   Cookie Notice
  • Home
  • Blog
  • About