SRI or Impact Investing : it’s time to leave concepts behind and implement !

23 08 2012

See on Scoop.itInclusive and Sustainable Business

For many decades, SRI (Socially Responsible Investment) has been the expression used to qualify investment processes including social and environmental criteria (also called extra-financial). It must be admitted that this concept has not really be up to the expectations of the promoters of a sustainable finance. The abbreviation SRI is sometimes turned into Sustainable and Responsible Investment, as “social” sounds too ambiguous depending on the country and cultural environment you are from.

SRI has always suffered from a lack of strict definition and consequently no norms in term of qualification criteria to comply with have been established. As a result, no respectful label has emerged to certify this asset class and any fund can declare being SRI upon its own rules and selection process.

See on www.peersdirectinvestment.com

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