Are you ticking all the right boxes?

ARE YOU TICKING ALL THE RIGHT BOXES?

Let’s face it, many companies are just ticking boxes when they claim to be socially and environmentally responsible.

Trying to understand a typical firm’s ESG compliance statement is like going down a rabbit hole. Most standards rely on information provided by the companies themselves. And different ESG measurement tools lead to ratings that are often inconsistent.

One of the shortfalls of ESG is shifting problems or “negative externalities.” Carbon emissions may be “free” for manufacturers, but are costly to the wider society and over the long-term threaten human survival.

At 8 Dimension Ventures, we plan to change that. In fact, we want to turn the concept on its head by investing in human wellbeing. We adhere to the 8 Dimensions of Wellness: Emotional, Physical,
Environmental, Intellectual, Financial, Occupational, Spiritual, and Social. Instead of pouring money into companies that meet the bare minimum of standards, we want to support those that are actively working for people and the planet.

ESG provides an eye into the soul of a business. The 8 Dimensions deliver the therapy to see a company achieve its pure potential.

We will invest in businesses with ethics at the very core of their being. They don’t have to be perfect – most companies that have a positive impact also have some adverse consequences. But they must be striving to improve.

Great products/services are essential, as are market potential and profitability. Like any investor, 8 Dimension Ventures wants to see an outstanding return. We strongly believe that the 8 Dimensions of Wellness provide a solid foundation for companies that want to go beyond ticking boxes. Their leaders should live and breathe these ideals every day.

Share your thoughts: How can investors help us move to the next level of sustainability and responsibility?

#sustainability #environmental #wellness #8DimensionVentures #8DV #change #health

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