Responsible Investment and Central Bank Asset Management

Author(s):  
Archie Beeching ◽  
Anna Georgieva ◽  
Justin Sloggett
Author(s):  
Yuliia Vasylivna Yelnikova ◽  
◽  
◽  

Urgency of the research. The importance of exploring approaches to identifying and disseminating responsible investment strategies is determined by the need to find tools to fund the Sustainable Development Goals at the global level. Target setting. The issues of identification of responsible investment strategies and especially their dissemination become relevant with the reduction of the effectiveness of traditional approaches to investing in modern conditions. Actual scientific researches and issues analysis. I. Vasylchuk, M. Delini, D. Leus, O. Muzychenko, T. Romanyok, I. Shkura and others study a range of responsible investment strategies. Uninvestigated parts of general matters defining. Pluralism of approaches to defining the list of strategies for responsible investment in the works of scientists in comparison with clear approaches of international organizations necessitates their detailing. The research objective. The article aims to conduct a comparative and structural-dynamic analysis of the spread of responsible investment strategies in the world and in the regional context. The statement of basic materials. The expediency of applying approaches to the identification of responsible investment strategies of the Global Alliance for Sustainable Investment is substantiated. The author summarizes the structural and dynamic characteristics of responsible investment strategies at the global and regional levels. The existence of regional differentiation of responsible investment strategies has been established. Conclusions. Comparative analysis of approaches to defining the strategies of reputable organizations in this area, in particular the Global Alliance for Sustainable Investment, EuroSIF and USSIF, Principles for Responsible Investment (PRI), the European Fund and Asset Management Association (EFAMA) allowed us to conclude that there are 7 most significant investment strategies. Dynamic characteristics of these strategies indicate a significant increase in their volume during the analyzed 6-year period for all types of strategies


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mauro Sciarelli ◽  
Silvia Cosimato ◽  
Giovanni Landi ◽  
Francesca Iandolo

PurposeRecently, socially and responsible investments (SRI) have constantly grown becoming a highly discussed issue. Therefore, the main purpose of this paper is to better understand if environmental social governance (ESG) criteria integration in investment strategies can support the transition of finance toward a more sustainable growth.Design/methodology/approachAn explorative analysis based on a multiple case study has been conducted and addressed by a content analysis on the Key Investors Information Documents (KIIDs) that the sample companies published for 2020.FindingsThe achieved results demonstrated that the case companies differently integrated ESG into their SRI; thus, if some of them are quite near to a full integration, the others demonstrated less than a full commitment with ESG. This seems to be mainly due to the different approach that asset management companies (AMCs) and/or managers have adopted for integrating ESG criteria.Research limitations/implicationsEven though the achieved results offered some interesting insights for asset managers, the explorative and qualitative nature of this study and the small sample investigated somewhat limits it.Practical implicationsAMCs, consultants and managers in developing and implementing their SRI strategy could be much more focused on the importance of ESG integration for the transition toward a more responsible and sustainable finance (micro-level) as well as a more sustainable development (macro-level).Originality/valueThe paper provides new insights into the essence of SRI strategies and their potential to contribute to sustainable development. Thus, it tries to shed new lights on the role that ESG can have to stimulate and support investment decisions and, in so doing, contributing to make finance grow more sustainable.


Author(s):  
Geoffrey Jones

This chapter explores the creation of a set of institutions which launched new financial products to deliver capital and address risk in green businesses. It explores the creation of social banks such as Triodis, Socially Responsible Investment houses such as Trillium Asset Management and Jupiter Ecology Fund, and Impact Investors such as EcoEnterprises. The outcomes were positive, but not yet transformational. Social banking and impact investment remained small. SRI funds were larger but the execution of many such SRI funds was such that the industry symbolized the contested nature of sustainability. The SRI industry also spawned influential institutions, including CERES, environmental reporting, and sustainability indexes. Environmental reporting in particular spread to many large corporations, but there were many uncertainties concerning what was being reported and how to interpret it.


2011 ◽  
Vol 9 (1) ◽  
pp. 233-243 ◽  
Author(s):  
Olya Afanasieva

This paper investigates the role and necessity of system of crisis management of banking activity in present-day conditions. Particular attention is paid to the crisis management that is realized on the level of government and central bank. An overview and comparison of major anti-crisis instruments both in Ukraine and foreign countries is given. The research pays special attention to importance of Asset management companies. It is stated that crisis regulation should have preventive character, oriented at working out instruments and realization of such measures that would minimize the negative effect of external and internal surroundings.


2005 ◽  
Vol 19 (2) ◽  
pp. 10
Keyword(s):  

2005 ◽  
Vol 35 (139) ◽  
pp. 287-300 ◽  
Author(s):  
Étienne Balibar

The problem of a European Constitution is discussed at a fundamental level. In which way, can we speak about such a Constitution? Thearticle argues against the “postnational souveranism”, legitimating state against citizens. A new kind of citizenship is favoured based on extended social rights. The constitution now proposed contrarily makes the European Central Bank and its neoliberal policy to central and nearly unchangeable institution.


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