Asset owners face sustainable investing 2.0
The increasing urgency of climate change will cause more scrutiny on asset owners and fund managers, while also leading to better and more universal standards for investment.
The decision by United Nations’ Principles for Responsible Investment (PRI) to throw out five members for insufficient dedication to environmental, social and governance (ESG) principles on Monday (September 28) marks a new step in what could be the next chapter of sustainable investing.
Following the Paris Climate Agreement of 2015 and with evidence of climate change mounting, increasing numbers of fund managers and asset owners have sought to declare their desire to promote a su…
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