An important trend in global financial markets is the growth of sovereign wealth funds (SWFs), some of which purport to invest ethically by considering the social and environmental impact of their financing. Yet, like private investors, these funds primarily view themselves as financial...

In socially responsible investment terms, Germany is a contradiction. The country is considered by many as one of the pioneers of post‐war environmentalism and social reform. Yet, German financial institutions are amongst the European laggards in adopting environmentally and socially informed...

This article investigates the influence of socially responsible investment (SRI) on the social and environmental impact of the market and corporate behavior. It assesses SRI's influence through five means: (i) to promote SRI as a profitable alternative to conventional investment (ii) to alter...

The SRI industry has been preoccupied with financial returns, and said little about its potential social or environmental "returns." Yet, ultimately this must be the most important yardstick with which to measure the importance and value of SRI. This paper assesses whether social investors who...

This chapter assesses whether socially responsible investing (SRI) through voluntary codes of conduct can help promote sustainable development. The financial industry has drafted, sometimes in partnership with public agencies and other stakeholders, a wide range of codes of conduct in recent...

This book investigates fiduciary law's influence on the financial economy's environmental performance. It focuses on how the law affects responsible investing and considers possible legal reforms to shift financial markets towards sustainability. Fiduciary law governs how trustees, fund managers...

Can investors lawfully engage in socially responsible investment (SRI)? The legal context to SRI is a complex and detailed subject. This chapter canvasses selected issues. It focuses on the fiduciary and trust law duties that govern finance in the institutional sector, including consideration...

In the wake of the Global Financial Crisis and worsening collateral social and environmental problems, socially responsible investing (SRI) has garnered more interest internationally as a potential civilizing influence on the financial economy. In particular, SRI is increasingly conceptualized...

pt. I. Climate justice -- pt. II. Expanding the scope of the climate change legal regimes -- pt. III. The clean development mechanism and mitigation strategies -- pt. IV. Climate policy bridging the north and south

In recent years, pension funds and other institutional investors have begun to give more attention to the environmental and social behaviour of the companies in which they invest. A recent movement for socially responsible investment (SRI) seeks to exclude companies that pollute or ignore human...