Strategic philanthropy, understood here as the activity carried out by foundations in an intentional way to maximise impact, can and should incorporate the ESG (Environmental, Social, and Governance) principles typically associated with companies, by aligning the philanthropic initiatives of foundations with the environmental sustainability, positive social impact and responsible governance objectives of companies.
Sustainable Finance is typically defined as the investment, financing and management of assets that have in consideration not only its financial returns but also its broad long-term impact, namely in social or environmental terms.