When sustainability becomes a factor in valuation (source: McKinsey & Company)

“... creating shareholder value is not the same as maximizing short-term profits—and companies that confuse the two often put both shareholder value and stakeholder interests at risk. ... ... What ultimately matters … is the importance of management credibility. It’s not so much about the amount of data. It’s that managers, when facing those investors one on one, are able to talk about what’s really going to matter, what’s going drive the cash flows, and what’s being done about it. ...”

Read more https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/when-sustainability-becomes-a-factor-in-valuation


 CARBON CREDIT MARKETS

« … car rien ne se crée, ni dans les opérations de l’art, ni dans celles de la nature, et l’on peut poser en principe que, dans toute opération, il y a une égale quantité de matière avant et après l’opération ; que la qualité et la quantité des principes est la même, et qu’il n’y a que des changements, des modifications. »

Antoine-Laurent De Lavoisier 1789, Traité élémentaire de chimie.