Just Money by Katrin Kaufer
Author:Katrin Kaufer
Language: eng
Format: epub
Publisher: MIT Press
ESG principlesâ â â In 2004 the United Nations secretary-general convened an international group of institutional investors to discuss how to connect social, environmental, and governance principles with investment decisions. This group formed the Principles for Responsible Investment (PRI) initiative, which today has over 2,500 signatories worldwide. The initiative was supported by a 2005 report, Who Cares Wins, which made the business case that integrating sustainability objectives into capital markets is good for business and good for society.23 This initiative coined the term ESGs (environmental, social, and governance principles). The signatories of the UN initiative identified six principles to guide an ESG investment strategy.
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