ICAEW.com works better with JavaScript enabled.

Socially responsible investment

Socially responsible investment covers investment strategies that take into account environmental, social and corporate governance considerations. On this page you can access a range of articles, books and online resources providing quick links to guidance, reports and useful organisations working in this area.

What's on this page?

  • eBooks
  • Online articles
  • Useful links
  • Articles and books from the Library

Featured eBook

Sustainable investing: the art of long-term performance
Krosinsky, Cary (Earthscan, 2009)

This book looks at sustainable investing as a way of generating long-term returns. Bringing together leading practitioners of sustainable investing from across the globe, it charts how the agenda has evolved, what impact it has today, and what prospects are emerging for the years ahead.

You will need to be logged-in to the website to read this eBook.

Featured article

Trusty investments or investment trust?

Interest in ethical investing has continued to grow in the UK. Ethical investment inevitably means choosing not to invest in certain companies, but does that mean investors must also choose between profits and principles?

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

eBooks

The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users.

Sustainable investing: the art of long-term performance

Sustainable investing is fast becoming the smart way of generating long-term returns. With conventional investors now scrambling to factor in issues such as climate change, business ethics and human rights, this book captures a turning point in the evolution of global finance. Bringing together leading practitioners of sustainable investing from across the globe, this book charts how this agenda has evolved, what impact it has today, and what prospects are emerging for the years ahead.

International social entrepreneurship: pathways to personal and corporate impact

Introduction to corporate social responsibility, complete with case studies and methodological analysis. Includes sections on personal and corporate citizenship, environmental responsibility, and strategic planning.

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Trusty investments or investment trust?

Interest in ethical investing has continued to grow in the UK. Ethical investment inevitably means choosing not to invest in certain companies, but does that mean investors must also choose between profits and principles?

ESG investing gains ground

The Forum for Sustainable and Responsible Investment's (US SIF) 2012 report on sustainable and responsible investing trends in the US suggests that there is steady investment growth in environmental, social and governance (ESG) issues.

Enhancing the Returns of SRI Portfolios Using a Minimum Small-Basket Strategy

Advice on how to improve the performance of a portfolio containing socially-responsible investments (SRIs). Funds devoted to SRIs typically hold large numbers of stocks and are suitable for a passive approach to investment. The author advocates an actively-managed strategy that involves selecting a small number of low-variance SRI stocks.

Showing 3 of 6 items

Useful links

UK

ABI Guidelines on responsible investment disclosure
Guidelines from the Association of British Insurers published in 2007. The guidelines were a modification of the Socially Responsible Investment Guidelines originally launched by ABI in 2001.

Charities Responsible Investment Network
The Network was established in Spring 2013; it enables charity and foundation investors to fulfil their charitable purposes through research, training and engagement with companies. Its 2013 report 'Managing for good' reviewed the responsible investment policies and practices of fund managers used by members of the Network.

Charity SRI
An initiative of the EIRIS Foundation and UKSIF which 'encourages and assists charities and their trustees in the development of an ethical and socially responsible approach to their investments.' The website provides a range of publications, including Socially Responsible Investment: A practical introduction for charity trustees and Responsible Investment in Pooled Funds: A guide for charity trustees.

Ethical Performance
An independent newsletter for socially responsible business which has a focus on 'newsletter on corporate social responsibility and socially responsible investment'.

Institute of Business Ethics
Charitable organisation promoting ethical standards in management and industry. The website offers briefings on good practice guidance and an annual survey on UK attitudes to business ethics.

International

European Sustainable Investment Forum (Eurosif)
Eurosif is 'a pan-European network and think-tank whose mission is to develop Sustainability through European financial markets.' The Eurosif website includes a survey on the state of the European SRI market.

Ethical Investment Research Service (EIRIS)
EIRIS is a 'global provider of independent research into the environmental, social, governance (ESG) and ethical performance of companies'

FTSE4GOOD
Index measuring the performance of companies that meet recognised corporate responsibility standards for responsible investment.

Principles for Responsible Investment Initiative (PRI)
PRI is a United Nations-backed initiative which has brought a network of international investors together to put into practice the Principles for Responsible Investment devised by the investment community.

Social Investment Forum 
A non profit US membership association 'for professionals, firms, institutions and organizations engaged in socially responsible and sustainable investing'.

Unlocking the value of social investment
This edition of KPMG's Sustainable Insight presents results of 2012-13 global research on corporate and foundation approaches to measuring and reporting social investment. A framework to help companies improve the effectiveness of social programs is included.

Articles and books in the Library collection

Selected articles and books

A controlling share
Jones, G.
Charity Finance, June 2013. pp.18-21
In April 2013 the Church of England made headlines when it announced that it will use its shareholder rights to vote down any bonus worth more than an executive's basic salary, should any of the companies it invests in attempt to provide such a bonus to any of its staff. In the light of this, the author investigates the ways in which fund managers are embracing responsible investment. Discusses different techniques of responsible investment, such as negative screening, positive screening, and company engagement.

Your starter for ten
Young, A.
Charity Finance, June 2013. pp.24-25
Over the last decade, charity trustees have had to consider a wide range of complex investment issues, beyond just fiduciary ones. These include appropriate ethical screening, mission-related investment, and whether environmental, social and governance factors should be part of their investment strategy. The author offers ten questions on responsible investment that can be addressed to fund managers.

Responsible investment guide 2013
Nixon, R (Fremantle, Australia : VIVID Publishing, 2011)
This 34 page guide contains the following sections: what is responsible investment?; why adopt a responsible investment approach?; an evolving landscape; the market is moving; the (financial) evidence is out there; across asset classes- public equities; fixed income; real estate; private equity; hedge funds (and other); and key actions.

Find more articles and books

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.