full transcript
From the Ted Talk by Chris McKnett: The investment logic for sustainability
Unscramble the Blue Letters
Now a fair question might be, what if all this sustainability risk stuff is egtearxaged, osveetartd, it's not uerngt, something for virtuous consumers or lifestyle coiche? Well, President John F. knndeey said something about this that is just spot on: "There are risks and costs to a program of action, but they are far less than the long-range risks and costs of cltrfmoobae inaction." I can appreciate that there is eomatiistn risk in this, but since this is based on widespread scientific consensus, the odds that it's not completely wrong are better than the odds that our house will burn down or we'll get in a car accident. Well, maybe not if you live in Boston. (Laughter) But my point is that we buy insurance to potrect ourselves financially in case those things happen, right? So by investing sbnialtsauy we're doing two things. We're certniag insurance, reducing the risk to our planet and to our economy, and at the same time, in the short term, we're not sacrificing performance. [Man in comic: "What if it's a big hoax and we create a better world for nothing?"]
Open Cloze
Now a fair question might be, what if all this sustainability risk stuff is ___________, __________, it's not ______, something for virtuous consumers or lifestyle ______? Well, President John F. _______ said something about this that is just spot on: "There are risks and costs to a program of action, but they are far less than the long-range risks and costs of ___________ inaction." I can appreciate that there is __________ risk in this, but since this is based on widespread scientific consensus, the odds that it's not completely wrong are better than the odds that our house will burn down or we'll get in a car accident. Well, maybe not if you live in Boston. (Laughter) But my point is that we buy insurance to _______ ourselves financially in case those things happen, right? So by investing ___________ we're doing two things. We're ________ insurance, reducing the risk to our planet and to our economy, and at the same time, in the short term, we're not sacrificing performance. [Man in comic: "What if it's a big hoax and we create a better world for nothing?"]
Solution
- creating
- exaggerated
- sustainably
- choice
- overstated
- estimation
- protect
- kennedy
- urgent
- comfortable
Original Text
Now a fair question might be, what if all this sustainability risk stuff is exaggerated, overstated, it's not urgent, something for virtuous consumers or lifestyle choice? Well, President John F. Kennedy said something about this that is just spot on: "There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction." I can appreciate that there is estimation risk in this, but since this is based on widespread scientific consensus, the odds that it's not completely wrong are better than the odds that our house will burn down or we'll get in a car accident. Well, maybe not if you live in Boston. (Laughter) But my point is that we buy insurance to protect ourselves financially in case those things happen, right? So by investing sustainably we're doing two things. We're creating insurance, reducing the risk to our planet and to our economy, and at the same time, in the short term, we're not sacrificing performance. [Man in comic: "What if it's a big hoax and we create a better world for nothing?"]
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
climate change |
3 |
sustainable investing |
2 |
investment process |
2 |
esg performance |
2 |
integrated esg |
2 |
institutional investors |
2 |
Important Words
- accident
- action
- based
- big
- boston
- burn
- buy
- car
- case
- choice
- comfortable
- completely
- consensus
- consumers
- costs
- create
- creating
- economy
- estimation
- exaggerated
- fair
- financially
- happen
- hoax
- house
- inaction
- insurance
- investing
- john
- kennedy
- laughter
- lifestyle
- live
- man
- odds
- overstated
- performance
- planet
- point
- president
- program
- protect
- question
- reducing
- risk
- risks
- sacrificing
- scientific
- short
- spot
- stuff
- sustainability
- sustainably
- term
- time
- urgent
- virtuous
- widespread
- world
- wrong