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Setting financial goals in time of crisis
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Voleibol Escolhidas 18 atletas para o apuramento do Europeu feminino
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João José escolhe 18 para fase de apuramento do Europeu de voleibol feminino
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Responsible investing in different cultural contexts 4
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(Third of four parts)
I have dedicated the weeks of March on my column to revisiting how sustainable finance is doing across different geographies. For those just joining us in this series, a quick summary: Responsible Investment (RI) is the umbrella term for the act of considering environmental, social, and governance issues in investing. It traces its roots to religious societies in the United States and Europe. It then evolved over time to encompass social issues such as boycotting financing apartheid and the Vietnam war, towards environmental protection and more recently, governance issues.
In the United States, the retail type of investing, known in the field as SRI (Socially Responsible Investing) is still very much ethics-driven with dedicated funds screening out so-called unsustainable companies, providing for a more dichotomized approach when putting one’s money. In Europe, the trend, which has been largely driven by institutional investors, particularly pension funds un