The fact that the Principles for Responsible Investment (PRI) now has almost fifteen hundred signatories including over three hundred asset owners and nearly one thousand asset managers provides evidence that responsible investment is increasingly seen as a standard part of mainstream investment practice. Over the past decade, PRI signatories have encouraged improvements in the environmental, social and governance performance of the companies in which they are invested, and they have made significant investments in areas such as renewable energy. Continue reading →
Note: this article is part of The Transatlantic Debate Blog series, which forms a conversation between Dr. Katrin Muff and Dr. Kathy Miller Perkins on business sustainability. Read the previous post here.
We have focused our discussion over the past few months to argue for, and establish, the need for a common space where burning societal issues can be resolved among concerned stakeholders. We looked at positive and negative implications, dangers and opportunities.
The back and forth between Kathy Miller who lives in North America, and me in Europe has stopped for a couple of months. This is unusual and a first in our 18 months continued conversation on this blog. It got stuck on my end. I have not been able to write. A couple of things occurred in parallel: first of all, I was absorbed in a complex multi-stakeholder process here at BSL that broadly discussed a potential new governance structure for the school. Secondly, Europe has been paralyzed by the Greek economic situation and the ongoing negotiations with Brussels that read and felt like a thriller, an ongoing thriller. Somehow, I lost my voice in all of this. This blog is an effort to regain my voice and to attempt a hesitant path on uncharted territory (German: “Neuland” or “new land”). I’ll do this looking at the Greek situation.