Meet the Platform: EU green finance watchdog

Fabian, Nathan (PRI and TEG) from PRI for use cropped 230x150
By Jon Hay
05 Oct 2020

The European Union’s formation of its Platform on Sustainable Finance last week marks a new phase in responsible investing. Over the past four years or so, the most influential thinkers in the market, such as the Principles for Responsible Investing, have been quietly moving back to an older interpretation of what RI means: considering the effects of investment choices on others.

This view — essentially, ethical investing — had been scoffed at as old-fashioned by leading practitioners for a decade, as they concentrated on arguing that considering environmental, social and governance issues was justifiable purely as a way to optimise risk-adjusted return, and needed no moral underpinning.

But the ...

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