Tessa Hebb discusses the impact of responsible investment as it moves toward the mainstream in the most recent edition of The European Financial Review (April/May 2014). This article addresses the conundrum faced by investors who are interested in incorporating environmental, social, and governance (ESG) factors into investment decision-making, but who are only interested in doing so as long as the ESG factors are costless. Hebb raises the question of whether or not real and meaningful change can ever be costless, and closes by providing three points of leverage for responsible investment going forward.
Read the full article here.