Reflecting on how ESG investing, accounting and governance have evolved over time
Jill Frances Atkins
Linking ESG scenarios to real economy outcomes
Analysing ESG policy, market and portfolio construction considerations
Case Study 1: Applying ESG considerations to a pension fund’s equity portfolios
Case Study 2: Applying ESG concepts to wealth management portfolios
Managing environmental and climate transition risks and opportunities within portfolios
Considering physical climate risks and resilience in real asset investment
Case Study 3: Practical issues and considerations for implementing a Net Zero emissions strategy for asset owners
Evaluating social criteria in fundamental and thematic investment portfolios
Case Study 4: Defining impact investing for today‘s ethical investor – evaluating the efforts of Evangelisches Johannesstift
Developing governance and active ownership frameworks for investment analysis
Case Study 5: Applying active ownership and stewardship to a pension fund portfolio
Identifying ESG risks and opportunities in alternative investments
Reviewing the EU regulatory framework for ESG investors
Assessing data and disclosure challenges in ESG investing
Corporate social responsibility across industries: When and who can do well by doing good?
Reflecting on how ESG investing, accounting and governance have evolved over time
This chapter reflects on the past, present and future of ESG investment, with a personal academic perspective on changes in the investment industry, predominantly in a UK context. As an academic researcher for around 30 years, I have been fortunate enough to be able to explore, track and assess the evolution of the ESG movement in the investment industry, but also more recently in the accounting sphere. When I was asked to contribute a chapter for this important new book, I decided to provide something quite unusual for an academic: a personal reflection. It seems an appropriate moment in time, from a personal point of view, but also in terms of contributing to practitioner developments as well as to academic research, to reflect on the ways in which the ESG “movement” has grown from its early roots in the UK, and through pockets of activity in other parts of the world, to a global phenomenon and a worldwide agenda for action, advocacy and emancipation in finance, accounting and governance. Another reason for adopting an autobiographical approach is to demonstrate the perennial close relationship between academia and practice in the accounting and finance discipline.
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