FIN 800 Lecture Notes - Lecture 10: Global Reporting Initiative, Employee Retention, Know Your Customer
Document Summary
Benefits of social responsible investing (investors vs. society) Socially responsible investing intro (chapter 21 louche and lydenberg) Realizes investment is an activity that influences business behaviour and actions. Considers environmental, social and governance (esg) factors and ethics in making investment decisions. Responsible investment seeks to generate both societal and financial value (can these goals be at odds?) Broader view of materiality takes into account both short-term and long-term effects of a decision and implications for investors and society in general. Stakeholder perspective belief that all stakeholders matter: by investing for all stakeholders benefit, it will provide strong long-term returns. Development (1970s) vietnam war, apartheid, civil rights, women"s lib and the environment. Growth less confrontation, more focus on environment. Mainstreaming un principles of responsible investing (2006) o o. Pri has over trillion in aum (2006) 2014: 1260 signatories, trillion in aum (25% of world"s total aum) Feel can indentify risks not found with traditional analysis.
