The phrase “critical and responsible use”, pertains to utilizing those funds for a “right purpose”. As such, the driving force behind financing through the capital market is not only directed towards economic growth and financial stability, but more so on incorporating sustainability goals. At this point, let us look more closely at sustainability principles and goals.
Any sense that firms are pursuing shareholders’ interests at the expense of their customers or the environment will be hugely damaging – to firms themselves (and so ultimately their shareholders), but also to their customers, and to the generational challenge of transitioning to a climate neutral economy.