A More Impactful Strategy for Sustainable Investing
“The effectiveness of sustainable investing has been challenged, with critics like Tariq Fancy describing it as a mere placebo. Amidst rising skepticism and stricter disclosure requirements, a deeper dive reveals that traditional methods of influencing companies, namely ‘voice’ (shareholder engagement) and ‘exit’ (portfolio screening), are not exhaustive. Through a comprehensive review of over 3,500 research papers, a new approach — ‘field building’ — emerges.”
[COMMENTARY] This is a fascinating new concept on an important subject for ethical and sustainable investors.
A More Impactful Strategy for Sustainable Investing, by Emilio Marti, Martin Fuchs, Mark DesJardine, Rieneke Slager, Jean-Pascal Gond, September 15, 2023, Harvard Business Review, USA.