Invest in Prosperity
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Last time we showed you how you can invest in the fifth area – Justice – and introduced you to three companies that support initiatives to promote this area. These companies were Norden, Coloplast and Securitas.
There are still one more area and companies to explore, which leads us to our sixth and final area – Prosperity. The companies mentioned in this blog are all participants of United Nations Global Compact, whose mission is to mobilize a global movement of sustainable companies and stakeholders to create the world we want.
Our chosen three companies serves as examples of companies who support the SDGs within the area of Prosperity and our aim with this blog is to visualize how a possible impact investment can be made, allowing you to put your money where your heart is.
The sixth and final area – Prosperity – consists of SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation and Infrastructure), SDG 10 (Reduced Inequalities) and SDG 11 (Sustainable Cities and Communities).
Prosperity and growth in societies needs an environment that allows it to flourish. In the developed part of the world, having constant electricity, internet, housing and social equality is something that most of us take for granted. Reality is, that for many people around the world, this is still an unachieved dream.
Despite the growth of the global economy, extreme poverty is still an issue and is often concentrated in urban areas. Many are moving from rural areas to the city creating a shortage in housing opportunities. The lack of job opportunities for a growing labor force is causing income inequality to rise creating a wider gap between rich and poor. Inadequate transportation systems makes it difficult for those, who do not have a car to get to their jobs. Many still do not have access to internet or electricity. All these issues make it impossible for those afflicted to keep up with the constant development and growth in the world. To prosper, there has to be the opportunity to do so. So, what can be done?
Infrastructure needs to be developed to create growth opportunities, reduce poverty and make electricity affordable and accessible for all. Create quality housing with clean running water. Improve transportation, technological innovation and communication technologies. Encouraging entrepreneurship and job creation to get rid of forced labour and job scarcity.
3 companies supporting Prosperity – Focus on growing a strong, inclusive and transformative economy
The following three companies are examples of where you can start your impact investing and thereby start making a change:
VESTAS WIND SYSTEMS A/S
“The core of Vestas’ business model is to produce affordable renewable energy solutions, and to continuously innovate to improve wind turbine efficiency, thus contributing to the fight against climate change.”
“Skanska’s strategic work toward leadership with sustainability – involving the focus areas of Health and Safety, Ethics, Green, Community Investment and Diversity and Inclusion – is an important differentiator for the Group. One priority is profitably providing customers with resilient and low carbon solutions.”
“Scandic Hotels Group Offers equal conditions regardless of gender, disability, ethnic background, etc. through value and leadership development. Also offers work experience for people outside the labor market and has a focus on Fairtrade products.”