Investing responsibility : a financial puzzle : the limited scope of sustainable asset management
Document type: report
Download file(s):
188055 (183 KB)
Abstract:
Research by SOMO into the scope of the Corporate Social Responsibility (CSR) policies of a selection of European banks reveals that these policies have serious limitations. In particular, the CSR policies of large banks generally only apply to a very small part of the banks’ activities. Transparency regarding the policies applied is often lacking as well: While consumers can choose sustainable investment products at any bank, it is often difficult to determine the extent to which banks apply their CSR policy to their mainstream investment portfolio. This paper aims to contribute to a public debate about a more consistent and transparent application of CSR policies in the financial sector, especially with regard to asset management.
Authors:
Kokke, M.
,
Os, R. van
,
Rácz, K.
Series Title:
SOMO Paper
Category:
Research
ISBN:
978-90-71284-60-1
Serial number:
September
Keywords:
ethics
,
finance
,
sustainable development
Language:
eng
Organization:
SOMO - Centre for Research on Multinational Corporations
PAGE:
11
Place:
Amsterdam
Publisher:
SOMO
Year:
2010
Region:
Europe
Right:
© 2010 SOMO
Subject:
Economic Development and Trade
Title:
Investing responsibility : a financial puzzle : the limited scope of sustainable asset management