Connect with us

Business

Launch of the long-term stock market in the United States to push ESG investing forward

 


3 Reading minutes

The Long Term Stock Exchange (LTSE) recently began operating in the United States with the aim of transforming capitalism for the planet and people. Discouraging quarterly reporting and forcing all companies to consider all stakeholders, the LTSE offers companies and investors an alternative to traditional stock exchanges.

Zero Waste Vegan Meal Plan Item Banner

Launched Wednesday, September 9, the debut of LTSE comes nine years after the entrepreneur and CEO and founder of the Silicon Valley platform, Eric Ries, proposed his concept of exchange that puts long-term thinking at its center. To be listed on the LTSE, companies must maintain and publish policies that outline their long-term strategies, measures and practices taking into account a broad group of stakeholders.

Among some of the principles The LTSE approach is to measure success in years and decades rather than submitting to the usual market pressures that encourage short-term results, and ensuring that the board of directors of companies explicitly oversees strategy long term while engaging with long term shareholders.

Lily: Why investors now favor the long term and responsible investment

In an audience Publish, Ries said his idea came from a wide range of discussions and conversations with long-term-focused institutional investors, business leaders, employees and managers.

Employees, customers, communities and the environment would be much better off. The majority of shareholders would also be better off, as these companies would be both better equipped to deal with the disruption of the pandemic and to emerge on the other side, ready to create value for years to come.

Eric Ries, Founder and CEO of LTSE

They described the immense pressure on companies to pursue short-term results rather than creating value for decades and generations to come, Ries wrote. They described innovation held hostage by boom-bust cycles, abrupt changes in governance, difficulties in maintaining consistency of purpose, and difficulty for SOEs to know who even their long-term shareholders are.

One of the few things that everyone has agreed on is that a focus on the short term hurts the creation of sustainable businesses, he added.

According to Bloomberg, the swap has so far raised an estimate US $ 90 million, with investments from venture capitalists including the Collaborative Fund, Andreessen Horowitz and the Founders Found.

Lily: 90% of global public investors now have ESG investment policies, new survey finds

As we adjust to a different world, a public market that provides businesses with the resilience of long-term governance and supports the creation of value over time can help put our society on a path to a stronger future. healthy.

Eric Ries, Founder and CEO of LTSE

The launch of LTSE comes at a time when environmental, social and governance (ESG) measures are increasingly a priority in the financial world amid the coronavirus pandemic, which has led to greater health concerns human and planetary. Recent data demonstrating the outperformance of ESG-focused investments has also reinforced longer-term, stakeholder-focused strategies linked to sustainability as a profitable approach.

Employees, customers, communities and the environment would be much better off. The majority of shareholders would also be better off, as these companies would be both better equipped to deal with the disruption of the pandemic and to emerge on the other side, ready to create value for years to come, wrote Laughs in his message.

As we adjust to a different world, a public market that provides businesses with the resilience of long-term governance and supports the creation of value over time can help put our society on a path to a stronger future. healthy.


Main image courtesy of AdobeStock / Getty / Designed by Green Queen Media.

Asia Protein Report Download Banner



What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]