ShareAction has released the first in a series of responsible investment guidance in a bid to drive accountability across institutional investors over the adverse real-world impacts of their investments.
The campaign group launched a new definition of 'responsible investment' last week (4 July), citing the need for a "step change in ambition" from investors to halt further climate breakdown. The manuals released today (10 July) set out standards and expectations for asset managers - the Responsible Investment Standards and Expectations (RISE). According to ShareAction's new definition, responsible investment should be "a transparent approach, embedded throughout the investment process, that takes the positive and negative impacts on people and planet as seriously as financial risk and re...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
15 February 2024
•
1 min read
