A project of the F4G foundation, Force for Goodraises funds and provides solutions to solve the biggest problems we face and build a better, safer future for all of humankind. As our world becomes more interconnected, anything that happens on the other side of the planet can have a negative impact on the rest. What we set out to do today determines our better tomorrow. More than ever, we have to deepen our thinking about sustainable finance.
What is Sustainable Financing?
When taking forward any large-scale activity, the global financial institutions, government and non-governmental bodies must evaluate the ESG (Environmental, Social, & Governance) factors associated with the projects. The organizations must mobilize and allocate funds as a force for good evaluating ESG factors for a better future for all.
The Force for Good initiative directs the attention of our global financial institutions and leads them to solve the major challenges including climate change, sustainable development, social inclusion and more. The initiative makes sure the solutions for solving the challenges satisfy the ESG factors.
What does ‘Force for Good’ do?
The idea of Sustainable Development Goals is not a new one. It’s been in the talks for some time. In 2015, even the United Nations Organization (UNO) adopted the goals with a vision of eliminating global poverty by 2030. ESG factors were considered before bringing the goals to the forefront.
As more and more awareness is created about sustainable finance, Slowly, the global institutions, NGOs, and other stakeholders are waking up to the goals and are looking for established finance professionals like the Force for Good to navigate them through the uncharted territory.
In fact, there are statistics that can prove people are taking the ESG and sustainable financing seriously. The 2021 report, ‘Capital as a Force for Good’ from the Force for Good says, the ESG commitments went north of US $35 trillion in 2020. In fact, it is 1.5 times more than 2016.
For our Sustainable Future
Force for Good engages and guides the essential stakeholders, conducts a thorough research, publishes its thoughts, and has also established an outreach program. Instead of waiting for things to fall in place and move on, the initiative undertakes the huge responsibility and guides us towards a sustainable future.
To Conclude
It is not an easy path ahead. We may feel satisfied and pat our back thinking we're on the uphill after noticing the US $35 trillion. But ‘Capital as a Force for Good’ concludes its report saying we cannot achieve the SDG by 2030. We may be on the right path, but there is a lot to do. Along with other global organizations, Force for Good has been working to create a profound, new world.