The addition of ESG measurement to IGC responsibilities from later this year should push 'triple bottom line' thinking even higher up the pensions scheme management agenda, predicts Adrian Boulding
The measurement of environmental, social and governance (ESG) considerations for the purposes of investment selection is at last picking up speed in the investment management community. Recent interest from regulators follows in the tracks laid by entrepreneurs such as John Elkington, who ran strategic consultancy and thinktank SustainAbility and coined the phrase ‘triple bottom line'. This helped break the dominance of purist bottom line profits-only focused thinking espoused by the likes of Milton Freidman in the 1970s and early 1980s. Elkington talked about ‘financial, environmental a...
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