制度变迁投资：商业案例

制度变迁投资（SCI）提供了显著的机会，投资公司增加管理资产，提高投资回报和自己的位置在快速增长的$ 23万亿可持续/责任投资（SRI）市场的全球领导者。

新的模式转变的方法从公司的变化和症状的投资系统的变化和根源的焦点。这使SCI提供尽可能高的可持续性优势并捕获SRI市场的相当份额。竞彩足球app怎么下载

Over the past 20 years, SRI and corporate sustainability have become mainstream. Nearly all large companies and financial institutions have implemented sustainability strategies. The main driver of this is the growing financial relevance of environmental and social issues. Companies are not separate from the larger environmental and social systems that contain and sustain them.

As the human population and economy expand in the finite Earth system, negative corporate impacts return more quickly to harm companies

随着人口和经济在有限的地球系统扩大，负面影响的企业更迅速地恢复到损害公司，往往在市场排斥，诉讼和声誉受损的形式。公司具有越来越强的金融激励措施，减少负面环境和社会影响。

Several additional factors are driving rapid SRI market growth. These include increasing regulations, rising pension fund SRI requirements, high market growth of sustainable products, large financial and competitive benefits of corporate sustainability strategies, superior SRI fund returns and expanding public concerns about environmental and social conditions. Widespread youth demonstrations against climate change show rising public unwillingness to tolerate negative corporate environmental and social impacts.

SRI和企业可持续发展提供了许多好处竞彩足球app怎么下载。但是，尽管这一良好的工作，每一个主要的环境生命支持系统正处于快速下降，一些地区例外。不平等等诸多社会问题正在迅速增长。企业引起广泛的环境和社会状况的恶化。这种情况是越来越站不住脚。它创造了快速增长的公司，投资者和社会问题。

System change

New investment and corporate sustainability approaches are needed to reverse environmental and social degradation and achieve the United Nations Sustainable Development Goals (SDGs). Economic and political systems were developed from a reductionistic perspective that does not adequately address many relevant factors, such as the negative environmental and social impacts of economic activity. Through many specific system flaws (externalities, time value of money, limited liability), these myopic systems do not hold companies fully responsible for negative impacts. This makes it impossible to fully eliminate impacts in competitive markets.

一般来说,企业可以减少有关20 percent of short-term and long-term, tangible and intangible, negative environmental and social impacts in a profit-neutral or profit-enhancing manner. Beyond this point, costs usually increase. If companies continue impact reduction, they will put themselves out of business long before reaching full impact mitigation.

近视系统把企业在与自然的冲突社会和人类的冲突。这些系统无意迫使所有的企业，无一例外地破坏环境和社会。他们的环境，社会和经济问题的根源，解决由SDGs。系统的变化是可持续性/ SDG溶液的至少80％。竞彩足球app怎么下载但它变得相对较少关注的投资领域。

Nearly all SRI funds, corporate sustainability strategies and SDG efforts are focused on addressing symptoms (environmental, social, economic) and encouraging companies to voluntarily reduce negative impacts.

这将无法正常工作。解决症状，而不是根本原因，就像是试图扑灭火灾，同时它扔汽油。

系统更改投资

SRI成功鼓励企业实施可持续发展战略。竞彩足球app怎么下载同样行之有效的方法可以用来从事系统变革的企业和金融部门。SCI包括对系统性能的变化评级公司，然后用收视率发展投资基金。

第SCI评价模型（总企业责任，或TCR）于2003年TCR发展区分成三大领域：传统ESG;中级系统的变化（部门，利益相关者，环境/社会问题级）;和高层次的系统变化（经济，政治，社会系统级）。SCI指标类别包括系统改变策略，公众意识和媒体宣传，制度变迁的协作，政府影响力的活动，解决具体的制度缺陷，并支持非政府组织，学术界和其他团体正在推进制度变革。

SCI评级评估系统性风险和机遇，并提供管理质量和股市潜在的强劲指标。它们可以被用来作为覆盖，提升价值，成长指数和许多其他类型的投资基金的财务回报。SCI是集中在最重要的可持续发展问题 - 制度变迁。竞彩足球app怎么下载

需要在社会的各个领域系统性的变化，实现可持续发展和SDGs，包括政府，公众和企业/财务。竞彩足球app怎么下载

其结果是，SCI基金可以提供比任何其他类型的社会责任投资更大的可持续性优势。竞彩足球app怎么下载金融机构推出SCI资金将被视为真正的可持续发展和社会责任的领导人。竞彩足球app怎么下载

需要在社会的各个领域系统性的变化，实现可持续发展和SDGs，包括政府，公众和企业/财务。竞彩足球app怎么下载Vested-interest-controlled governments are unlikely to change on their own. Empowering citizens to work together on their many common interests is a longer-term issue. Engaging the corporate and financial sectors is the most powerful short-term system change strategy.

系统的变化是最重要和最复杂的挑战，面临着人类。我们并不需要充分了解如何开始前演进系统。在业务领域的关键问题是，从投资者发送系统改变信号公司。一旦投资者转向基于系统变化的性能的投资，公司将实现协同系统改变策略。有效的制度变迁保护企业和社会。这使得在一个完全负责任的方式行事利润最大化的战略。

Climate change illustrates the importance of system change. The root cause of climate change is not greenhouse gas emissions. It is the flawed economic and political systems that compel companies to emit these gases, for example, by heavily subsidizing fossil fuels and not holding companies fully responsible for harmful emissions.

系统的变化是高效率的。环境，社会和经济问题解决由SDGs有一个共同的根源 - 还原论思维，造成有缺陷的系统。因此，他们有一个共同的解决方案 - 使用整个系统思维进化系统转化为可持续的形式。

System change not only is the most important action required to halt global warming. It also is the most important strategy needed to resolve virtually every other major challenge facing humanity. Investment companies launching SCI funds can gain first mover advantage and forever be seen as pioneers of the most important action needed to achieve the SDGs and protect business and society.