SRI funds are popular with investors with a conscience. However, the impact of these funds on corporate behaviour is limited, at best. Only active engagement can bring about durable change and measurable benefits. LFF interviews Philippe Depoorter, Secretary General at Banque de Luxembourg about SRI investing.
What can the man in the street do to invest in sustainable assets?
There is no lack of financial products that invest in sustainable energies, the environment or humanitarian projects. We too have a successful SRI-fund, but clients that invest in it should be aware that their real impact is limited. SRI-funds seem to have become a “must-have” for ethically-minded investors. But, at the end of the day, what difference does it make to the world?...
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