You're listening to Ted Talk's Daily, I'm Elise Hugh.

Conversations are happening in the business world about how to best account for corporations

that do environmental and social good.

Impact investor Miguel Gondcolves has some answers for this.

In his 2022 talk at the Bezos Scholar Salon, he lays out a vision in which sustainability

and justice are demanded by investors.

He explains after the break.

In the coming decades, my generation of millennials and genders will inherit the largest amount of

wealth humanity has ever created, some $30 trillion.

That's a huge wallet.

Unluckily for us, we'll also inherit some huge issues, climate change, geopolitical instability,

inequality.

What we choose to do or not do with this enormous wallet will define the future of our species.

No pressure, folks.

Why might you ask am I talking about my generation's wallet?

Well, the reason why is because I'm an investor and the essence of my job is to allocate

your savings to build a better future.

Because I'm also a millennial who doesn't particularly like losing sleep over the thought

of rising global temperatures, my job also requires me to think about what's good for society.

And from where I sit, one of the keys to bettering the world is ESG investing.

ESG stands for environmental, social, and governance.

Think of ESG as additional little pieces of data that some investor consider when analyzing

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