A revolution in finance?

Not much good has come out of the global financial meltdown but there is this: Investors who watched Bear Stearns, General Motors and Merrill Lynch destroy billions of dollars of shareholder value presumably are ready to focus on what makes companies sustainable, or at least try to better understand risk. But how? How are institutional or individual investors to know which companies are built to last, which are managed to serve their customers, workers and communities, and which of their boards are fulfilling their obligation to manage risk?

Those were the questions put before a day-long conference called Sustainable Stock Exchanges, held at UN headquarters in New York and convened by the UN Global Compact (an alliance of responsible companies), the PRI (an investor group whose initials stand for the Principles for Responsible Investment) and UNCTAD (the UN agency that promotes trade and development).

Click here to read more about the Sustainable Stock Exchange