But what about the role of the large merchant bankers and financial institutions who invested in these companies? 37. Secondly, the indifference towards environment by the financial sector arises for two main reasons.
First, as we have seen, it is only interested in the maximisation of financial profits through high turnover and does not have a real concern in the quality of its investments but so long as they are profitable investments. This means that there is no ethical consideration of investments, or no consideration of “bad” externalities in the calculation of financial profits.