Statement Five
Statement Five:
Should banks and financial institutions be obligated to engage in socially-responsible investing?
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- Question 1 of 4
1. Question
Argument One: Yes, engaging in socially responsible investing leads to a happier and more fulfilled workforce compared to banks which do not engage in socially-responsible investing.
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2. Question
Argument Two: No, banks are for-profit institutions and have no obligation to social issues.
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3. Question
Argument Three: No, focusing on social responsibility detracts from the aim of making money, which is the most important endeavour for banks, and leads to a decrease in revenue and profit.
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4. Question
Argument Four: No, over-regulation in the financial sector leads to decreased opportunities and therefore lower profits.
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