Beyond economic sustainability: embedding social and environmental values in the governance of responsible investment

Paper


Cadman, Tim. 2011. "Beyond economic sustainability: embedding social and environmental values in the governance of responsible investment." Dynamics of Investing Responsibly: From Screening to Mainstreaming (2011). Sydney, Australia 24 - 25 Nov 2011 Sydney, Australia.
Paper/Presentation Title

Beyond economic sustainability: embedding social and environmental values in the governance of responsible investment

Presentation TypePaper
Authors
AuthorCadman, Tim
Journal or Proceedings TitleDynamics of Investing Responsibly Research Forum 2011
Number of Pages15
Year2011
Place of PublicationSydney, Australia
Web Address (URL) of Paperhttp://www.unpri.org/academic10/Paper_6_Tim_Cadman_Beyond%20economic%20sustainability%20embedding%20social%20and%20environmental%20values.pdf
Conference/EventDynamics of Investing Responsibly: From Screening to Mainstreaming (2011)
Event Details
Dynamics of Investing Responsibly: From Screening to Mainstreaming (2011)
Event Date
24 to end of 25 Nov 2011
Event Location
Sydney, Australia
Abstract

The transition of global financial markets towards investment models that incorporate environmental and social dimensions is now well underway. This paper discusses the evolution of contemporary responsible investment (RI) and
its relationship to sustainable development and environmental social governance(ESG). In the conception of ESG presented here, various well-known institutional arrangements, most notably interest representation, accountability and transparency, decision-making, and implementation are linked to the structures and processes of governance. Using a hierarchical framework of principles, criteria and indicators (PC&I), the paper presents a means for evaluating RI by way of an analysis of stakeholder perceptions regarding the sector’s governance quality. It concludes with some observations on the
challenges confronting RI, notably the need for universally consistent quality of governance standards.

Keywordsinstitutional investors; stakeholder engagement; ethical investments; sustainable investment; social expectations
ANZSRC Field of Research 2020500102. Business ethics
350799. Strategy, management and organisational behaviour not elsewhere classified
350107. Sustainability accounting and reporting
Public Notes

No evidence of copright restrictions preventing deposit.

Byline AffiliationsAustralian Centre for Sustainable Business and Development
Institution of OriginUniversity of Southern Queensland
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