A lack of basic financial literacy is hindering the development of an ESG society
The basics of financial literacy should form a high-quality and major part of a person’s education. A person who has completed school, a special secondary educational institution, or a higher educational institution should have undergone a fully-fledged course in financial literacy. That way, everyone would know precisely what is meant by a deposit, an investment in a unit trust, life insurance, shares, and bonds. These are the basic tools which any unqualified investor should understand — Vladimir Chistyukhin, First Deputy Governor, The Central Bank of the Russian Federation (Bank of Russia).
When we talk about sustainable development, it all looks very inspiring. However, when start work on it, it turns out that it is not the fun and games which everyone thinks it is. So, from the point of literacy, the ability to properly focus on the basis of a company’s green finances and sustainable processes really does represent a very important dialogue. And this is not so much a dialogue between generations, but between business and society, and even more so between a company and young people — Polina Lion, Director of the Department of Sustainable Development of the State Corporation "Rosatom".
It is important to have a high-quality education. You know, not having a high-quality education should be shameful. And it doesn’t necessarily have to be a higher education. I have great respect for special technical education, for locksmiths, mill operators, and other blue-collar professions. What’s important is being a true professional in your field — Vladimir Chistyukhin, First Deputy Governor, The Central Bank of the Russian Federation (Bank of Russia).