Sovereign wealth funds ‘can lead the way on sustainability’ [News]
By Neo Chai Chin, TODAY, 27 Nov 2013.
As major investors with significant pools of money, sovereign wealth funds (SWFs) can lead the drive to value nature in their investment policies. Citizens could also engage funds that invest public money to ask, for instance, how environmental, social and governance issues factor in their investment decisions.
These suggestions surfaced yesterday at a discussion on how financial-service providers can increase sustainability in their sector. SWFs can lead by example, said panellists at the Responsible Business Forum’s financial services working group.
Such a discussion is taking place in Norway, noted Mr Benjamin McCarron, a former fund manager and Managing Director of a Singapore-based research and engagement firm focused on responsible investment.
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