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25/08/2020 | Sesotec

Sesotec Statement about Corona as a catalyst for “Impact Investing”

"Ethical, sustainable forms of investment are necessary to shrink inequalities, regenerate natural resources and achieve a level of widespread prosperity from which all people stand to benefit. "


To our valued customers and partners, 

In many countries, the first wave of the coronavirus crisis has subsided. But as we see the second wave rolling towards us, we are reminded that COVID-19 has quickly become the greatest challenge of the 21st century to date: inequalities have reached alarming proportions, and the principles of globalization and democracy are being challenged. All in all, the pandemic has exposed the fragility and vulnerability our social, ecological and economic systems. 

The global crisis has accelerated many developments, such as digitalisation, that were already underway prior to COVID-19. But acceleration is not enough: many things about our society, environment and economy must fundamentally change. Such change will not occur if capital continues to flow into old investment models with the aim of rehabilitating the economy to its pre-Corona state. 

Ethical, sustainable forms of investment are necessary to shrink inequalities, regenerate natural resources and achieve a level of widespread prosperity from which all people stand to benefit. Rather than evaluating the return, security and availability of investments purely from a financial standpoint, we must also consider how these investments impact our environment and our social values. To describe this kind of conscientious investment, entrepreneur and philanthropist Sir Ronald Cohen coined the term “impact investing”.  

Under the slogan “Driving Impact”, we strive to offer our customers the perfect platform for mutual profit and sustainable growth through solutions that both capture value and protect the planet. As articulated in our corporate mission statement, we are committed to ensuring that high-quality production can reap benefits for humanity, for the environment, and for industry.

We look forward to accompanying you on the path towards a successful and more sustainable future in which social, ecological and economical interests are in harmony!  

 

Yours sincerely, and stay healthy.  

Your Sesotec Team

Joachim Schulz
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