Читать книгу ESG Investing For Dummies - Brendan Bradley - Страница 26

Going back to much earlier days, one has to applaud the foresight of the United Nations and their influence on the development of sustainable investing in this century. In all, the United Nations have provided a significant contribution to supporting investors’ drive to sustainable impact:

 Starting early in the century, the formation of the United Nations Global Compact is a non-binding pact to encourage businesses worldwide to adopt sustainable and socially responsible policies and report on their implementation. See www.unglobalcompact.org/.

 The Principles for Responsible Investment (PRI) initiative then corralled together a network of international investors to work to put the six principles into practice. The principles were developed by the investment community and signaled the view that ESG issues affect the performance of investment portfolios and therefore should be given suitable consideration by investors in order to fulfill their fiduciary duty. This allows investors to incorporate ESG issues into their decision-making and ownership practices and so better align their objectives with those of society at large. See www.unpri.org/.

 The Sustainable Development Goals (SDGs) came next, in 2015. The SDGs have enabled institutional investors to transition from a “cause no harm” investment approach to one that focuses on driving long-term value through investments that support long-term development impact. Some investors feel that the ESG framework offers less direction for investors than the SDGs, given the standardization and language for areas of impact, which offer more opportunity for investors to track and compare progress. See https://sdgs.un.org/goals.