The Routledge Handbook of Responsible Investment
Edited by Tessa Hebb, James Hawley, Andreas Hoepner, Agnes Neher, David Wood
Routledge – 2015 – 608 pages
Launched in April 2006, the United Nation’s Principles for Responsible Investment has been signed by 860 financial institutions, representing more than 25 trillion US$ in the first five years of their existence. This means that roughly 25% of the world’s financial institutions have made some commitment to invest their assets in a way, which consider not purely financial but also some environmental, social or governance (ESG) criteria.
This trend to invest responsibly is expected to strengthen even further as a consequence of the financial crisis, which resulted in considerable doubt regarding certain financial theories. However, no edited book has been published on the topic to date, which functions as general overview on research insights and market structures to represent a focal point of reference for both, academics and practitioners.
This handbook will provide a prestige reference work which offers students and researchers an introduction to current scholarship and international structures in the expanding discipline of responsible investment.
Part I: Introduction and Need for Responsible Investment Research 1. Editorial Introduction 2. Responsible Investment Under-Researched? 3. A Morphologic Analysis of Responsible Investment Part II: Responsible Investment Around the World 4. South-America 5. South-Africa 6. Canada 7. Mexico 8. United States 9. Australia 10. China 11. Hong-Kong 12. Israel 13. Japan 14. Belgium 15. Eastern Europe 16. France 17. German-speaking countries 18. Italy 19. Sweden 20. Denmark 21. Norway 22. Finland 23. Spain 24. UK 25. Russia 26. Nigeria 27. North Africa Part III: Stakeholders of Responsible Investment 28. Asset Managers 29. Banks 30. Consultants 31. Corporate Governance rating agencies 32. Corporate environmental and social responsibility rating agencies 33. Natural environment 34. Non-financial Corporations 35. Index Providers 36. Journals and Magazines 37. Religious Groups 38. Government Sponsored Investment Funds 39. ESG Factors 40. University - Public consultation of ESG investment process Part IV: Current Research on Responsible Investment 41. Contemporary Issues in Responsible Finance and Investment 42. Responsible Investment in China: the frontier 43. Information Intermediary Business Models for Reliable Sustainability Ratings 44. Socially Responsible Screening in Mutual Funds 45. Emotional Nowcasting for Responsible Investment 46. Addressing the Challenges of Transformation through Sustainable Investment 47. Reclaiming Pension Fund Fiduciary Duty Fundamentals 48. Fiduciary Finance's Legal Framework 49. Financial Markets Ineffciencies and Long Term Investors 50. What Matters to SRI Investors
Agnes Neher is a PhD student at the University of Hohenheim, Germany and a Visiting Scholar with the University of St Andrews School of Management, UK.
James P. Hawley is Professor and Director of the Elfenworks Center for the Study of Fiduciary Capitalism at Saint Mary’s College of California, USA
Tessa Hebb is Director of the Carleton Centre for Community Innovation and Adjunct Professor at Carleton University, Canada
Andreas G. F. Hoepner is Lecturer in Banking and Finance at the University of St. Andrews, UK and Academic Fellow at the Principles for Responsible Investment, United Nations
David Wood is Director of the Initiative for Responsible Investment (IRI), a project of the Hauser Center for Nonprofit Organizations at the John F. Kennedy School of Government, Harvard University, USA