1. Accountability of FI  Banks CAN exert power through their lending decisions  Banks often limit themselves to credit checks.  Do Financial Institutions have to engage in “ethical” checks ?  There is a grey zone. We posit : business with clearly unethical practices should not be funded.

2. Hardline approach ?  Is a hardline approach at this point devoid of moral worth ?  APP has become a prisoner of its industry structure.  Bank’s support implies responsibility to help at this point.  Refusal can be considered immoral.

3. Vs. A Perfect Market FIRM: focus on profits and value PUBLIC: sorts out ethics Laws Value

4. Vs. The Firm The individual Short term value The Environment The community Long term sustainability Vs.

5. Environmental Issues  Environmental issues are to be treated seriously.  Dilemma : Individual versus Community  Interest in creating goodwill demonstrated by commitment to environment.

6. Measures to discourage misconduct  Align incentives and rewards with environmentally-sustainable activities  Anonymous reporting of breaches  Duty to report  Codes of conduct