The Integration of ESG Information into Investment Processes: toward an Emerging Collective Belief?

Author
D. Grayson, K. Amaeshi, H. Jemel et. al
Publisher
EABIS
Publication date
June 2009
Type
Papers/Notes
Category
Managing Corporate Responsibility
SRI/Sustainable Finance
Stakeholder Engagement
Discipline
Finance
Language
English
Free/Pay for content
Free
 

This working paper is part of the 'Corporate Responsibility, market valuation and measuring the financial and non-financial performance of the firm' research project. This is a joint project between Cranfield School of Management, SDA Bocconi School of Management and Vlerick Leuven Gent Business School, on behalf of the European Academy for Business in Society (EABIS).

This paper examines the way new investor led collaborative initiatives are impacting on the integration of ESG information into mainstream investment processes and their potential to influence the standard valuation and investment practices of global fund managers. The objective is to identify how different approaches –be it collaborative initiatives, research platforms or incentive systems– contribute to the evolution of conventional investment practices and the integration of ESG information into the long-term shareholder value of investee companies.