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Social responsibility: Greater access to capital?

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Practising social responsibility can give companies improved access to capital. That’s according to Brendan May, International Head of Corporate Responsibility and Sustainability at PR firm Weber Shandwick Worldwide.

Key financial centres are always thinking in terms of risk and investible propositions, and as May notes, “the chances are, that a truly investible proposition in the 21st century is not a company that is chopping down rainforests, (or) exploiting its workforce.” This is resulting in a proliferation of both mainstream and niche institutions looking to invest in socially responsible companies, as financial firms choose to steer clear of dubious, risky companies.

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