Sustainable Development is: “meeting the needs of the present without compromising the ability of future generations to meet their own needs”
Brundtland Report 1987
As former Vice President Al Gore has stated, “We are in the early stages of a global sustainability revolution that has the magnitude of the industrial revolution and the speed of the digital revolution.”
The investment opportunities of this sustainability revolution are juxtaposed with Milton Friedman's view that: “There is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.”
At Earth Capital Partners (EC), we believe the rules of the game have fundamentally changed since Milton Friedman's days. Today companies have a duty to improve the socio-environment context in which we live and to produce profit. By selecting Sustainable Development (SD) as EC’s investment theme, we protect and enhance value, address societal and environmental challenges as well as targeting superior financial returns. EC’s aim is to deliver, at scale, a successful investment model, which prioritises SD alongside financial returns, in all parts of the investment cycle.
Medgidia, a city in Constanța County, Dobruja, south-eastern Romania is investing in renewable energy.
The city of Bristol has been working on climate change and energy issues for over 10 years. With lots of successful projects completed already, it is moving forward to a new phase of action.