"Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture"
- Arthur Erickson
About this Quote
This quote by Arthur Erickson stresses the importance of thinking about more than simply the economic elements of projects. Lenders ought to understand the possible effects of their projects on the natural surroundings, the urban environment, and human culture. This implies that lenders should take into consideration the potential environmental, social, and cultural implications of their tasks. For instance, a project might have a favorable economic impact, however it could also have a negative influence on the environment or on regional neighborhoods. By considering these potential effects, lenders can make sure that their projects are useful to all stakeholders. Eventually, this quote works as a pointer that lenders ought to think about more than just the financial elements of jobs when making decisions.
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