Don't be left behind!

Leave your email to get exclusive discounts

colourcolourcolourcolour
  • About
    • Mission
    • Team
  • Invest
    • Individual
    • Institutional
  • Impact
  • Pricing
  • #Physiser
  • Login
  • Sign Up
  • About
    • Mission
    • Team
  • Invest
    • Individual
    • Institutional
  • Impact
  • Pricing
  • #Physiser
  • Login
  • Sign Up

Sustainability and Environmental Racism

By Michael Omole
4 min read
Share to Facebook Share to LinkedIN Share to Twitter
  • Climate, prejudice, and 2020 
  • Environmental racism in communities of color
  • Better data and more 

 

Background

2020 was a year of reckoning in just about every way imaginable. In the midst of a global pandemic, crises that would ordinarily command massive amounts of attention became simply another part of a constant news cycle. Throughout the year, the devastating and destructive effects of climate change were apparent with widespread wildfires in Australia, Siberia, California, and even the Amazon. 2020 was also notable for reigniting racial consciousness and discussions on inequality in the wake of racial justice protests after the murder of African American George Floyd during a police arrest in May. With this new understanding of the dual importance of sustainability and racial justice, people are now beginning to question the relationship between the two. 

 

Environmental Racism

One term that has been used often as of late is “environmental racism.” Environmental racism takes many forms, and many people define it differently. Generally, however, it refers to the disproportionate effects of environmental hazards people of color are more likely to experience than their white counterparts. For example, it has been well documented that countries with high amounts of hazardous waste ship it to developing countries — adversely affecting the people and ecosystems there. In both the United States and the United Kingdom, people of color are more likely to live in places with poorer air quality, which adversely affects their overall health and makes them more susceptible to respiratory illnesses like COVID-19. Environmental racism negatively affects communities in the long term. For example, it recently became known that in many United States urban areas, neighborhoods that were redlined during the 20th century are now several degrees hotter than their surrounding areas. Multiple studies have also shown that those neighborhoods have significantly less tree cover and parks than their counterparts. This contributes both to higher temperatures and lower air quality, both of which are dangerous and sometimes deadly.

 

The Future of Sustainability

So now that we know the problem exists, what can be done? It is critical to use analytical data that encapsulates the full effects of climate impacts — particularly as it relates to environmental racism.  More robust data is key in combating disproportionately harmful practices before it is too late. Many activists are also calling for people to recognize that the fight against the harms of climate change and the fight against prejudice are closely linked. In order to overcome one, we must overcome the other. The sustainability sphere also needs to incorporate diverse voices and perspectives in order to ensure the goal of a green future is equitable and accessible for all. In the investing world, that means looking for entrepreneurs and companies that are adapting to the changes needed to secure the future, getting transparent data on business practices, and incorporating sustainable standards into portfolios. Here at Physis, our mission is to help investors understand the sustainable implications of their investments, join Physis today!

 

Sources:

Exporting trash to developing nations (2019)

Air Pollution in minority communities in both the US and the UK (2020)

Urban Heat Islands (2020)

Sign up for FREE and join the waiting list to get early access to the beta platform:

create your investment

see the impact of your portfolio

track your performance

Explore more Articles
Finance
Lifestyle
Market Movers
Physis
Load more
WEBSITE NAV
About
Invest
Impact
Institutional
Pricing
#Physiser
SUPPORT
FAQ Help Center Ask Phy Email us
FOLLOW US

Physis © 2020 All rights reserved

Terms of use | Privacy Policy


Physis Investment, Inc. (“Physis”) is an online investment platform that specializes in impact investing. Physis is an SEC-registered investment advisor.

Physis’ technology is under development, and the platform is currently on Beta testing. It means that now, Physis is not acting as your financial advisor, and no advisor-client relationship is being created by your use of our services at this time.

By signing up on Physis Beta testing, you are joining our waiting list and expressing your interest to access for free to the full Beta platform as soon as it becomes available.

By using this website, you accept our Terms of Use, Privacy Policy, and Disclaimer. Physis cannot guarantee the accuracy of the information, news, and related materials provided to you on this website. These contents are provided for informational purposes only and are not and should not be construed as financial advice.