A brilliant commencement by Paul HawkenYou are going to have to figure out what it means to be a human being on earth at a time when every living system is declining, and the rate of decline is accelerating. Kind of a mind-boggling situation… but not one peer-reviewed paper published in the last thirty years can refute that statement.Basically, the earth needs a new operating system, you are the programmers, and we need it within a few decades.

Few writers have devoted more time to the everalsting conflict between Good and Evil, War and Peace, Love and Violence than Leo Tolstoy and it was in helping a friend compile a book on Malcolm Muggeridge that I first discovered the story of the Green Stick.  What I  also learned of Muggeridge was his endeavours in the 1930s to report on Stalin's man made Famine which he described as  "“one of the most monstrous crimes in history, so terrible that people in the future will scarcely believe it ever happened.”.  It was an experience that haunted him for the rest of his life. One of my favourite extracts from the 1970s TV series Kung Fu, is the scene where two youths report to their master having been robbed. The lesson learned is that "We affirm the good in man through trust and deal with evil through strength". That we should not seek reward in striving for an ideal. but that trust can lead to love.  Our own experience was to discover the story which was to become know as 'Death...

I've listened carefully to the discussions of the past two days and tried to formulate these remarks as late as possible. Let me suggest four concrete action points which reflect Commissioner Andor's commitment to what he called 'a new and modern EU CSR policy framework'.

Marking the 20th Anniversary of SRI in the Rockies offers more than an opportunity to review the hard-won progress of investors to prove that socially responsible investing is viable and now clearly out-performs traditional mainstream investing.  Since the credit crises of 2008-2009, we can now assert with confidence that investing for long-term sustainability and taking ESG factors as material to asset valuation could have actually helped avert these crises.   We investors are now winning the paradigm battle and cite the evidence to show that the Efficient Market Hypothesis (EMH) is bunk and by the same token show that the Modern Portfolio Theory (MPT), the Capital Asset Pricing Model (CAPM) and, yes, even the sacred tenets of the "rational investor" and the Black-Scholes Merton Options Pricing Model all are part of history.