When measuring sustainability, one size won’t fit all. That’s one of the conclusions of a recent Corporate Responsibility symposium organized in Amsterdam by the Green Place on the application of Environmental, Social and Governance (ESG) sustainability criteria to investments. The event brought together asset managers, asset owners, regulators, analysts and CSR managers to discuss “Mainstreaming ESG: Creating a winning formula for the triple bottom line”.
Many companies around the world have discovered they can benefit financially from integrating environmental, social and governance (ESG) targets into their daily operations and strategy. At the same time, institutional investors are more aware of their roles as responsible shareholders after the devastation left behind by the credit crisis. Some of them have taken up the challenge to create a civil economy, in which they act as engaged shareowners for all the world citizens who have money in a pension or mutual fund or life insurance.