The Next Generation of Responsible Investing [electronic resource] /
Hebb, Tessa.editor.
In the face of the recent financial crisis there is increased focus on long-term investment strategies. This is particularly true for institutional investors who manage our retirement savings. Simultaneously there is increased demand that financial assets be invested with an understanding of long-term environmental and social sustainability. Responsible investing provides a long-term sustainable investment strategy that values environmental, social and governance (ESG) factors in investment decision-making. Responsible Investing has always had a broad mandate. Put simply, it is a long-term sustainable investment strategy that seeks to reduce risk in investment portfolios through managing ESG issues in today's corporations.  The Next Generation of Responsible Investment explores this topic in an edited volume intended for those with an interest in finance and business.
Description based upon print version of record.
Acknowledgements; Contents; Contributors; About the Editor; About the Authors; Abbreviations; 1 Introduction -- The Next Generation of Responsible Investing; 2 After the Credit Crisis -- The Future of Sustainable Investing; 2.1 Winning the Battle, But Losing the War?; 2.2 How to Lose a Fortune (Three Times) and Save the World; 2.3 Sustainable Investing Practices and Performance -- An Update; 2.4 Where the Dog is Buried -- Explaining the Crisis of Financial Unsustainability; 2.4.1 The End of Neo-Classical Finance; 2.4.2 Blinded to Social Realities; 2.4.3 A Failure of Governance
2.4.4 Ill-Prepared for Structural Change2.4.5 The Missing Planet Problem; 2.5 Rewarding Reason and Resilience: The Future of Sustainable Investing; 2.5.1 Designing Breakthrough Strategies; 3 Putting Sustainable Investing into Practice: A Governance Framework for Pension Funds; 3.1 Introduction; 3.2 Literature Review of SRI Field: SRI, RI and Sustainable Investing; 3.2.1 SRI -- A Radically Confused Concept?; 3.2.2 UN PRI -- Standardising Understandings of RI?; 3.2.3 Sustainability -- Emphasising the Long-Term and Intergenerational Equity; 3.3 Anglo-American Pension Fund Governance
3.3.1 Mission Clarity3.3.2 Investment Beliefs; 3.4 Sustainable Investing Framework; 3.4.1 Investment Strategies for Pension Fund Sustainable Investing; 3.4.2 Pension Fund Governance for Sustainable Investing; 3.5 Legal Context: Barriers To and Enablers of Sustainable Investing; 3.5.1 Fiduciary Duty and Sustainable Investing: The Need to Document Prudence and Loyalty; 3.5.2 Potential Regulatory Enablers of Sustainable Investing; 3.6 Conclusions; 4 Avoiding the Next Financial Crisis, or Notes of a Former, Flawed Fiduciary; 4.1 Introduction; 4.2 U.S. Public Pension Plans in 2010
4.3 From Bubble to Bubble, or Getting to 20104.4 Fiduciaries and the Global Financial Crisis; 4.5 Improving Fund Governance; 5 From Fiduciary Duties to Fiduciary Relationships for SRI: Responding to the Will of Beneficiaries; 5.1 A Neglected Aspect of Fiduciary Finance; 5.2 The Trustee-Beneficiary Legal Relationship; 5.2.1 The Passive Beneficiary; 5.2.2 Following Beneficiaries' Instructions; 5.2.3 Treating Beneficiaries Even-Handedly; 5.3 Ascertaining the Will of Beneficiaries; 5.3.1 Finding Unanimity; 5.3.2 Following Social Customs; 5.3.3 Third Party Stakeholders
5.3.4 Consultation with and Representation of Beneficiaries5.4 Options for Legal Reform; 5.5 Conclusions; 6 Effective Shareholder Engagement: The Factors that Contribute to Shareholder Salience; 6.1 Introduction; 6.2 Analytical Framework; 6.3 Research Design; 6.4 Analysis of Cases; 6.5 Power-Related Factors; 6.5.1 Use of Shareholder Rights; 6.5.2 Divestment; 6.5.3 Actions that Affect Reputation; 6.6 Legitimacy-Related Factors; 6.6.1 Credibility of the Individuals; 6.6.2 Perceived As: Mainstream, Interests Aligned,and Internally Consistent; 6.6.3 Strong Business Case
6.6.4 Strong Societal Case
Includes bibliographical references and index.
In the face of the recent financial crisis there is increased focus on long-term investment strategies. This is particularly true for institutional investors who manage our retirement savings. Simultaneously there is increased demand that financial assets be invested with an understanding of long-term environmental and social sustainability. Responsible investing provides a long-term sustainable investment strategy that values environmental, social and governance (ESG) factors in investment decision-making. Responsible Investing has always had a broad mandate. Put simply, it is a long-term sustainable investment strategy that seeks to reduce risk in investment portfolios through managing ESG issues in today's corporations.  The Next Generation of Responsible Investment explores this topic in an edited volume intended for those with an interest in finance and business.
Finance.
Ethics.
Macroeconomics.
Management.
Finance, general.
Ethics.
Macroeconomics/Monetary Economics//Financial Economics.
Management.
Advances in Business Ethics Research