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The Hidden Power Of ESG – Part 2 Of 3-Part Series: Interview With The Former Finance Minister Of Ukraine

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The former finance minister of Ukraine argues that taking Russian money is inconsistent with the commitments to ESG, or environment, social & governance principles. But, ESG may have a hidden power that can protect democracy, as well as the planet and people. This is Part II of a series

to demand transparency of companies doing business with or in Russia. She says it will help Investors and provide a way for companies to verify compliance with the “governance” part of their ESG commitments. She labels it a"Zero Russian Business bill of health.

“We're all citizens. This is democracy. We need to let our leadership know that we support military support for Ukraine, financial aid to Ukraine,” Jaresko insisted, then build Ukraine back better. “What we have an opportunity to do is not to rebuild what was destroyed, but instead to renew and revitalize a country and make it 21century,” Jaresko emphasized. “Use green technologies. We can have green steel.

“We can rethink this using the best 21st century technologies to be greener, to be cleaner, to be more community oriented,” she said. Therefore, leveraging ESG’s transparency requirements could help close some of the loopholes in globalization that have enabled dark money to wreak havoc. This may be ESG’s hidden power — that helps protect democracy, as well as the planet and its inhabitants.. Jaresko also gave vetted ways to help Ukraine, delineated in Part III of this series.Follow me on

 

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