|
Sparinvest’s Head of Responsible Investment, Nichola Marshall, looks at different types of responsible investment and how Luxembourg investors can recognise them. In April 2006, the then Secretary General, Kofi Annan, launched the United Nations Principles for Responsible Investment (UN PRI) at the New York Stock Exchange. He called the Principles, “a framework for achieving better investment returns and more sustainable markets.”
Ten years on, the UN PRI can boast 1495 signatories, with assets under management of US$8 trillion. It can’t be denied that Responsible Investment is big business. Luxembourg, too, is increasingly positioning itself for influence within the Responsible finance industry through institutions such as Luxembourg for Finance, ALFI and LuxFLAG. But...
|