Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals
Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals
复制标题
投资中的环境、社会和治理问题:投资专业人士指南
DOI:
--
复制
发表时间:
2015
期刊:
影响因子:
--
通讯作者:
Kurt N. Schacht
中科院分区:
文献类型:
--
作者:
Usman Hayat;Matt Orsagh;Kurt N. Schacht
The practice of considering environmental, social, and governance (ESG) issues in investing has evolved significantly from its origins in the exclusionary screening of listed equities on the basis of moral values. A variety of methods are now being used by both value-motivated and values-motivated investors in considering ESG issues across asset classes. There is, however, a lingering misperception that the body of empirical evidence shows that ESG considerations adversely affect financial performance. For investment professionals, a key idea in the discussion of ESG issues is that systematically considering ESG issues will likely lead to more complete investment analyses and better-informed investment decisions.