Investing for sustainable development? - A review of investment principles – trends and impacts
How can investors be encouraged to consider more than purely commercial and short-term gains? Several different sets of investment principles now exist, aiming to incorporate social, environmental and governance criteria into investment decisions. These principles have growing numbers of signatories, and are used in various contexts, and for various reasons, from improving reputation to minimising risks and improving long-term prospects. Yet the impact of these principles on sustainable development remains unproven.