full transcript

From the Ted Talk by Vinay Shandal: How conscious investors can turn up the heat and make companies change

Unscramble the Blue Letters

So what's it going to take? What's it going to take to flip the sirpct, to get conscious investors to go from divesting to engaging, to go from talking about engaging to actually working with management to make changes that will improve their ESG performance? Because there's a lot suggesting they should and they could. They should, given the clear correlation between ESG performance and financial performance. They could because the activists have shown us they could. A shareholder can drive change in a company. The dnfcrefiee is, Paul and Barry do what they do to make menoy. The conscious investors would do it to improve society and the environment and make money in the process and do it a little more collaboratively and constructively. And they have the backing of the some of the largest investors. vagarnud and BlackRock — together, they manage trillions. They've been increasingly vcaol about the importance of ESG. The CEO of BlackRock has been increasingly vocal in his annual letters about this issue. Even Jana Partners, the same OGs that John called "greedy bastards," recently co-wrote an open leettr to the barod of Apple, saying, "Hey, your smartphones are addictive for crdlhein. Fix it." alppe is worinkg on it.

Open Cloze

So what's it going to take? What's it going to take to flip the ______, to get conscious investors to go from divesting to engaging, to go from talking about engaging to actually working with management to make changes that will improve their ESG performance? Because there's a lot suggesting they should and they could. They should, given the clear correlation between ESG performance and financial performance. They could because the activists have shown us they could. A shareholder can drive change in a company. The __________ is, Paul and Barry do what they do to make _____. The conscious investors would do it to improve society and the environment and make money in the process and do it a little more collaboratively and constructively. And they have the backing of the some of the largest investors. ________ and BlackRock — together, they manage trillions. They've been increasingly _____ about the importance of ESG. The CEO of BlackRock has been increasingly vocal in his annual letters about this issue. Even Jana Partners, the same OGs that John called "greedy bastards," recently co-wrote an open ______ to the _____ of Apple, saying, "Hey, your smartphones are addictive for ________. Fix it." _____ is _______ on it.

Solution

  1. letter
  2. vocal
  3. apple
  4. difference
  5. working
  6. vanguard
  7. children
  8. money
  9. script
  10. board

Original Text

So what's it going to take? What's it going to take to flip the script, to get conscious investors to go from divesting to engaging, to go from talking about engaging to actually working with management to make changes that will improve their ESG performance? Because there's a lot suggesting they should and they could. They should, given the clear correlation between ESG performance and financial performance. They could because the activists have shown us they could. A shareholder can drive change in a company. The difference is, Paul and Barry do what they do to make money. The conscious investors would do it to improve society and the environment and make money in the process and do it a little more collaboratively and constructively. And they have the backing of the some of the largest investors. Vanguard and BlackRock — together, they manage trillions. They've been increasingly vocal about the importance of ESG. The CEO of BlackRock has been increasingly vocal in his annual letters about this issue. Even Jana Partners, the same OGs that John called "greedy bastards," recently co-wrote an open letter to the board of Apple, saying, "Hey, your smartphones are addictive for children. Fix it." Apple is working on it.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
conscious investors 7
esg issues 4
esg performance 3
financial performance 3
barry rosenstein 2
wall street 2
good corporate 2
clear correlation 2
making money 2
plastic waste 2
paul singer 2
million dollars 2
navy officers 2
conscious investor 2
greener world 2
increasingly vocal 2
senior investment 2
investment professional 2
junior person 2
company underperforms 2

ngrams of length 3

collocation frequency
senior investment professional 2

Important Words

  1. activists
  2. addictive
  3. annual
  4. apple
  5. backing
  6. barry
  7. bastards
  8. blackrock
  9. board
  10. called
  11. ceo
  12. change
  13. children
  14. clear
  15. collaboratively
  16. company
  17. conscious
  18. constructively
  19. correlation
  20. difference
  21. divesting
  22. drive
  23. engaging
  24. environment
  25. esg
  26. financial
  27. fix
  28. flip
  29. importance
  30. improve
  31. increasingly
  32. investors
  33. issue
  34. jana
  35. john
  36. largest
  37. letter
  38. letters
  39. lot
  40. manage
  41. management
  42. money
  43. ogs
  44. open
  45. partners
  46. paul
  47. performance
  48. process
  49. script
  50. shareholder
  51. shown
  52. smartphones
  53. society
  54. suggesting
  55. talking
  56. trillions
  57. vanguard
  58. vocal
  59. working