Work

ESG Integration and the Investment Management Process: Fundamental Investing Reinvented

Year: 2015

Type: article

Abstract: We investigate how conventional asset managers account for environmental, social, and governance (ESG) factors in their investment process. We do so on the basis of an international survey among fund managers. We find that many conventional managers integrate responsible investing in their investment process. Furthermore, we find that ESG information in particular is being used for red flagging and to manage risk. We find that many conventional fund managers have already adopted features of responsible investing in the investment process. Furthermore, we argue and show that ESG investing is highly similar to fundamental investing. We also reveal that there is a substantial difference in the ways in which U.S. and European asset managers view ESG.

Source: Journal of Business Ethics

DOI: 10.1007/s10551-015-2610-8

Authors: Emiel van Duuren, Auke Plantinga, Bert Scholtens

Institutions: University of Groningen, University of St Andrews

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,790

Funder: Centers for Disease Control and Prevention