4 Socially Responsible Investment, the Stewardship of University Resources, and Integral Ecology

2021 ◽  
pp. 135-168
Keyword(s):  
Socially Responsible Investment ◽  
Socially Responsible ◽  
Responsible Investment ◽  
Integral Ecology

Socially Responsible Investment, the Stewardship of University Resources, and Integral Ecology

2021 ◽  
pp. 135-168
Author(s):  
Gerald J. Beyer
Keyword(s):  
Environmental Sustainability ◽  
Catholic Social Teaching ◽  
Colleges And Universities ◽  
Socially Responsible Investment ◽  
Social Teaching ◽  
Socially Responsible ◽  
Catholic Colleges ◽  
Responsible Investment ◽  
Catholic Colleges And Universities ◽  
Integral Ecology

This chapter stresses the need for Catholic colleges and universities to engage in the just stewardship of resources. First, the author argues that all Catholic institutions must take seriously the notion of socially responsible investment, informed by the principles of Catholic moral theology and Catholic social teaching. The chapter then considers whether divestment from fossil fuels is a moral imperative and discusses how socially responsible investment principles should also inform whether Catholic institutions can accept donations from individuals, corporations, or government agencies that may have done grave harm to either people or the planet. The author advances the argument that Catholic colleges and universities have a duty to fulfil the vision of integral ecology in Catholic social teaching by implementing “micro-level actions” and promoting systemic level changes to promote sustainability. The chapter also surveys some of the efforts of Catholic institutions to green their campuses and contends that these institutions must recognize that integral ecology relates to both environmental sustainability and human welfare, including the welfare of workers on campus and in their supply chains.

scholarly journals The Link Between SRI and Financial Performance: Effects and Moderators

2013 ◽  
Vol 17 (2) ◽  
pp. 105-122 ◽  
Author(s):  
Christophe Revelli ◽  
Jean-Laurent Viviani
Keyword(s):  
Financial Performance ◽  
Meta Analysis ◽  
Socially Responsible Investment ◽  
Empirical Literature ◽  
Empirical Methods ◽  
Socially Responsible ◽  
Responsible Investment ◽  
Counting Approach ◽  
Performance Effects ◽  
Vote Counting

Over the last twenty years, the debate on financial performance of socially responsible investment (SRI) has not yielded a clear consensus, arguing mainly that there was no difference in performance between SRI and ‘conventional’ investment, although SRI could underperform or outperform in some cases. Our research, based on a meta-analysis ‘vote-counting’ approach of the empirical literature, allows us to observe that the effects of SRI on financial performance are multiple. Second, we conclude that the financial performance of SRI is radically changing according to the empirical methods employed by researchers.

scholarly journals Socially Responsible Investment in Market Downturns

2010 ◽  
Vol 19 (1) ◽  
pp. 86-104
Author(s):  
Richard Copp ◽  
Michael L Kremmer ◽  
Eduardo Roca
Keyword(s):  
Socially Responsible Investment ◽  
Socially Responsible ◽  
Responsible Investment

Environmentally friendly and socially responsible investment in and by occupational pension funds in the USA and in the EU

2021 ◽  
pp. 138826272110269
Author(s):  
Lauren Daniels ◽  
Yves Stevens ◽  
David Pratt
Keyword(s):  
Financial Performance ◽  
Investment Decision ◽  
Pension Funds ◽  
Socially Responsible Investment ◽  
Occupational Pension ◽  
Socially Responsible ◽  
Responsible Investment ◽  
Occupational Pensions ◽  
The Usa ◽  
The Eu

Worldwide pension funds, in their capacity as large institutional investors, are under increasing pressure to take social and environmental considerations into account in their investment decision-making process. The concepts Socially Responsible Investment (SRI) and Environmental Social Governance (ESG) are indeed ubiquitous in the current investment and pension community. This article aims to provide some insight into the conceptual relationship between SRI and ESG and its legal implications for the investment behaviour of private pension funds in the USA and the EU. Hence, the first part of the article gives some background to the distinct concepts of SRI and ESG. This leads to the finding that SRI goes one step further than ESG by prioritising moral or ethical considerations that may not be material to an investment’s financial performance, whereas ESG functions as a guideline to enhance financial performance. The second part analyses the legal possibilities and constraints for responsible investment in American occupational pensions and the third part does the same for European occupational pensions. The article concludes with a summary and comparative overview of the American and European lessons.

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