Covid-19 may create an investor culture of care and responsibility

Long before the coronavirus reached our shores, President Cyril Ramaphosa called on South Africans to build “a culture of responsibility” to reduce domestic violence, road accidents and child neglect. With Covid-19 now wreaking havoc all over the country, the president’s call has taken on several new dimensions.

Carnage on the stock market begs the question: Do investors have a responsibility towards their countrymen? If so, what can investors do to demonstrate responsibility? During the course of his PhD studies, Colin Habberton conducted semi-structured interviews with more than 30 institutional investors of varying size. The findings revealed that participants’ understanding and practice of “responsible investing” varied widely.

All these investment approaches demonstrate some degree of responsibility, and one that will be tested in times of crisis. Engagements should also focus on the setting of prices and supply levels which will enable society to respond to the health and economic impacts of the crisis. Other suggestions on how investors can act responsibly are provided on the PRI’s website

Source: News Formal (newsformal.com)

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Should varsities receive a Covid-19 stimulus package?
Source: City_Press - 🏆 7. / 72 Read more »

Health department reveals Covid-19 hotspots in GautengCurrently, the total number of confirmed Covid-19 cases in South Africa is 3,635.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Why the war on Covid-19 needs an extra 73,180 soldiersSoldiers will now move beyond just enforcing the lockdown regulations on the streets, with the additional personnel set to screen people at roadblocks, set up field hospitals and deliver water to communities You mean on citizens. 🙄 Useless army in the world is the SANDF! Soldiers look like hobos. 70k additional Soldiers and End of Lock down. Does this equation make sense? Why more Soldiers if the plan is to ease lockdown restrictions? 🤷🏼‍♂️
Source: TimesLIVE - 🏆 28. / 59 Read more »

SA’s itinerant waste pickers feel the pinch as Covid-19 lockdown drags onThey perform one of South Africa’s most important services, collecting recyclables that would otherwise swell the country’s rubbish dumps and burden municipal trash collection, but the Covid-19 coronavirus lockdown has left thousands of waste pickers Being home and “spring cleaning” together with the autumnal garden waste is resulting in super full bins, as well as all the detris from the home cooking! Yes vital
Source: City_Press - 🏆 7. / 72 Read more »

World stocks stall ahead of EU meeting on Covid-19 stimulusAsian shares, however, were slightly higher on Wall Street, as the dollar slipped against the currencies of oil-producing states
Source: BDliveSA - 🏆 12. / 63 Read more »

Covid-19 lockdown allows us to realise what is really important in lifeNow that the coronavirus has confined most of us to our homes the internet is humming with added activity. I'm realizing the extent to which people can get to be billionaires. for whom, the stealing government looters, where they haven't looted before No, that is not true. What is important in people's lives is their freedom, to buy what they want to, to be able to work and earn a living and to socialize with friends and family and that was taken away from the by draconian regulations made for them by inept governments!
Source: IOL - 🏆 46. / 51 Read more »