The UN-supported Principles for Responsible Investment initiative has led to around a third of the world’s financial assets being managed with a commitment to invest in a way that considers environmental, social or governance (ESG) criteria. The responsible investment trend has increased dramatically since the global financial crisis, yet understanding of this field remains at an early stage.

This handbook provides an atlas of current practice in the field of responsible investment. With a large global team of expert contributors, the book explores the impact of responsible investment on key financial actors ranging from mainstream asset managers to religious organizations.

Offering students and researchers a comprehensive introduction to current scholarship and international structures in the expanding discipline of responsible investment, this handbook is vital reading across the fields of finance, economics and accounting.

part |50 pages

Part I

chapter 1|13 pages

Introduction to The Routledge Handbook of Responsible Investment

ByTessa Hebb, James P. Hawley, Andreas G. F. Hoepner, Agnes L. Neher, David Wood

chapter 2|18 pages

Setting the scene

The basics and basis of responsible investment1
ByJames P. Hawley

chapter 3|17 pages

Is responsible investment proportionally under-researched?

ByAndreas G. F. Hoepner, David G. McMillan, Michael Fraser

part |381 pages

Part I

chapter 4|5 pages

The responsible investment atlas – an introduction

ByAgnes L. Neher, Tessa Hebb

chapter 5|12 pages

Responsible investment in the United States

ByMeg Voorhes

chapter 6|11 pages

Responsible investment in Canada

ByOlaf Weber

chapter 7|5 pages

Responsible investment in Mexico

ByLuisa Montes

chapter 8|13 pages

Responsible investment in South America

ByCamila Yamahaki, Cinthia S. Gaban

chapter 9|16 pages

Responsible investment in South Africa

ByNadia Mans-Kemp, Suzette Viviers

chapter 10|10 pages

Responsible investment in Nigeria

ByInnocent Okwuosa, Kenneth Amaeshi

chapter 11|13 pages

Responsible investment in Tunisia

ByKais Bouslah

chapter 12|11 pages

Responsible investment in Israel

A case of regulatory-based development
ByNoga Levtzion Nadan

chapter 13|17 pages

Responsible investment in Australia

ByAnna Young-Ferris, Louise O’Halloran

chapter 14|16 pages

Responsible investment in China

ByQian Li

chapter 15|25 pages

Responsible investment in Hong Kong

ByChristine Chow

chapter 16|18 pages

Responsible investment in Japan

A tale of two narratives
ByKyoko Sakuma-Keck

chapter 17|8 pages

Responsible investment in Russia

ByYulia Sofronova

chapter 18|10 pages

Responsible investment in Eastern Europe

ByGeoffrey Mazullo

chapter 19|11 pages

Corporate social responsibility and responsible investment in Italy

An overview
ByRocco Ciciretti, Annalisa Fabretti, Marco Nicolosi

chapter 20|8 pages

Responsible investment in Spain

ByLuiz Ferruz Agudo, Jesus Gomez Daza, Sara Segura Querol

chapter 21|14 pages

Responsible investment in France

ByStéphanie Giamporcaro

chapter 22|11 pages

Responsible investment in Austria, Germany and Switzerland

ByAgnes L. Neher

chapter 23|13 pages

Responsible investment in Belgium

ByCéline Louche, Luc Van Liedekerke, Herwig Peeters

chapter 24|13 pages

Responsible investment in the Netherlands

ByHeather Hachigian

chapter 25|4 pages

Introduction to Scandinavia

ByAne Jensen

chapter 26|10 pages

Responsible investment in Denmark

Practices among institutional investors in a context of statutory CSR reporting requirements
ByKarin Buhmann

chapter 27|9 pages

Responsible investment in Finland

ByAntti Savilaakso

chapter 28|9 pages

Responsible investment in Sweden

BySabina Du Rietz

chapter 29|10 pages

Responsible investment in Norway

ByAne Jensen

chapter 30|9 pages

Responsible investment in the United Kingdom

ByCristoph Biehl, Jill Atkins

chapter 31|68 pages


Responsible investment around the world
ByMaria Laura Tinelli

part |140 pages

Part I

chapter 32|9 pages

The changing role of asset owners in responsible investment

Reflections on the principles for responsible investment – the last decade and the next
ByJames Gifford

chapter 34|12 pages

Determining how to invest more responsibly as an institution

A case study at the University of Edinburgh
ByLiz Cooper

chapter 35|11 pages

Religious investors and responsible investment

ByLaura Berry

chapter 36|9 pages

Stakeholders of responsible investment

Retail investors
ByJonas Nilsson

chapter 37|16 pages

Measuring the impact of engagement

Evidence from Canadian institutional investors
ByTessa Hebb, Heather Hachigian, Rupert Allen

chapter 38|10 pages

Asset manager stakeholders

At the heart of supply and demand in responsible investment1
ByJean-Philippe Desmartin

chapter 39|7 pages

Stakeholder perspective – investment consultants

‘The need to collaborate to ensure supply meets demand'
ByDanyelle Guyatt

chapter 40|9 pages

Responsible investment indexes

Origins, nature and purpose
ByLydenberg Steve, White Alexi

chapter 41|7 pages

Challenges in responsible investment research

ByMatthew Haigh

chapter 42|10 pages

The natural environment

ByRalf Barkemeyer, Andrea Liesen

chapter 43|12 pages

What do we mean by the S in ESG?

Society as a stakeholder in responsible investment
ByDavid Wood

chapter 44|8 pages

Corporate governance research and ratings firms1

ByKimberly Gladman

part |151 pages

Part I

chapter 45|18 pages

Contemporary issues in responsible finance and investment

ByBert Scholtens

chapter 46|17 pages

Addressing the challenges of transformation through sustainable investment

ByGordon L. Clark, Heather Hachigian, Sarah McGill, Claire Molinari, Dariusz Wójcik

chapter 48|12 pages

Reliable sustainability ratings

The influence of business models on information intermediaries
ByRobert G. Eccles, Jock Herron, George Serafeim

chapter 49|18 pages

Reclaiming pension fund fiduciary duty fundamentals

ByJames P. Hawley, Keith Johnson, Ed Waitzer

chapter 50|17 pages

Governing fiduciary finance1

ByBenjamin J. Richardson

chapter 51|10 pages

Socially responsible screening in mutual funds

ByJacquelyn Humphrey

chapter 52|12 pages

Beyond outreach

Corporate social responsibility and the financial performance of microfinance institutions
ByAndreas G. F. Hoepner, Guan Huang, Hong (Frank) Liu

chapter 53|16 pages

Financial markets' inefficiencies and long-term investments

BySébastien Pouget

chapter 54|19 pages

What matters to SRI investors?1

ByPeer Osthoff