Global sustainable and responsible investment activities and strategies of companies
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Published:
Mar 22, 2017
Updated:
2017-03-22
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2017-03-22 (1)
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Abstract
When companies invest their financial resources for gainful purposes, not all of their investment decisions are beneficial to the public welfare. Therefore, companies can invest in the new areas while also participating in the public welfare. This is embodied by the term sustainable and responsible investment (SRI). The aim of the paper is to identify SRI activities and strategies which should be included in the investment decision-making process of companies. The achievement of the aim is pursued by study of relevant documents and websites of the institutions dealing with SRI and SRI activities and strategies. Secondary research was mainly based on the analysis. The main finding is that existing SRI activities and strategies are not scrupulously CSR-oriented. As a result, SRI activities and strategies oriented on CSR areas are to be identified. Â Â
Keywords: CSR; SRI; SRI activities and strategies; ESG factors; investors;
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Vartiak, L. (2017). Global sustainable and responsible investment activities and strategies of companies. New Trends and Issues Proceedings on Humanities and Social Sciences, 3(4), 77–87. https://doi.org/10.18844/prosoc.v3i4.1610
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Chamberlain, M. (2013). Socially responsible investing: What you need to know [Online]. In Forbes. Retrieved 26th May 2015 from http://www.forbes.com/sites/feeonlyplanner/2013/04/24/socially-responsible-investing-what-you-need-to-know/
Efama (2012). Guidance on RI information in the KIID & Post investment disclosure. Brussels: EFAMA.
Eurosif (2010). European SRI study 2010. Brussels: Eurosif.
Eurosif (2015). European SRI study 2015. Brussels: Eurosif.
Franc, P., Nezhyba, J. & Heydenreich, C. (2006). Kdyz se bere spolecenska odpovednost vazne. Brno: Ekologicky pravni servis.
Funds@Work AG (2010). The importance of socially responsible investments for institutional investors in germany, austria and switzerland – a network analytical perspective – RELOADED. Kronberg im Taunus: Funds@Work AG.
Gsia (2013). Global sustainable investment review 2012. Washington: GSIA.
Gsia (2015). Global sustainable investment review 2014. Washington: GSIA.
Jankal, R. (2014). Software support of quality management in the service sector. In Procedia – Social and Behavioral Sciences, 149, 443-448.
Jankalova, M. (2013). Conceptions based on definition of business factors of successfulness for the support of reaching the excellence of enterprise subjects. In Procedia – Social and Behavioral Sciences, 81, 531-535.
Kuldova, L. (2010) Spolecenska odpovednost firem – eticke podnikani a socialni odpovednost v praxi. Plzen: OPS.
Lakin, N. & Scheubel, V. (2010). Corporate community involvement: The definitive guide to maximizing your business' societal engagement. Sheffield: Greenleaf Publishing Limited.
Mlkva, M., Kucerova, M. & Vanova, J. (2015). Aspects of sustainable development of industrial enterprises. In Upravlenije ekonomikoj: metody, modeli, technologii: materialy 15 Mezdunarodnoj naucnoj konferencii. Ufa: Ufimskij gosudarstvennyj aviacionnyj techniceskij universitet, 37-40.
Mutz, G. & Egbringhoff, J. (2008). Corporate social responsibility und corporate citizenship. Die Rolle der Arbeitnehmervertretung und Auswirkungen auf die Beschaftigten. In Corporate Citizenship in Deutschland: Bilanz und Perspektiven. Wiesbaden: VS Verlag für Sozialwissenschaften.
Nason, D. (2014). You can have it all: Investing in ways that make you feel good [Online]. Retrieved 18th October 2015 from http://www.cnbc.com/2014/10/24/you-can-have-it-all-investing-in-ways-that-make-you-feel-good.html
Niggemann, G. & Bragger, S. (2011). Socially responsible investments (SRI) [Online]. Retrieved 26th May 2015 from http://www.thegiin.org/binary-data/RESOURCE/download_file/000/000/298-1.pdf
Principles for responsible investment (2012). What is responsible investment? London: Principles for Responsible Investment.
Principles for responsible investment (2013). PRI reporting framework 2013 main definitions. London: Principles for Responsible Investment.
Prskavcova M. et al. (2008). Spolecenska odpovednost firem, lidsky kapital, rovne prilezitosti a environmentalni management s vyuzitim zahranicnich zkusenosti. Liberec: Technicka univerzita v Liberci.
Rentkova, K. & Rostarova, M. (2016). Analysis of start-up investements in European region. In Innovation management and education excellence vision 2020: from regional development sustainability to global growth: IBIMA 2016. Milan: IBIMA Publishing, 1946-1956.
Responsible Investment Association (2015). 2015 Canadian responsible investment trends report. Toronto: Responsible Investment Association.
Responsible investment association Australasia (2015). 2014 responsible investment benchmark report Australia & New Zealand. Sydney: Responsible Investment Association Australasia.
Schueth, S. (2015). Sustainable, responsible, impact investing in the United States. Colorado Springs: First Afrmative.
Stofkova, J. (2006). Strategicky manazment ako faktor zvysovania efektivnosti podniku. In Podnikova ekonomika a Manazment, 1, 41-46.
Strenitzerova, M. (2014). Spolocensky zodpovedné podnikanie – nova vyzva pre Slovenskú postu, a.s. In IPoCC - International Postal and e-Communications Conference. Pardubice: Institut Jana Pernera, 159-167.
The general board of pension and health benefits (2010). Socially responsible investing for a sustainable future. Glenview: The General Board of Pension and Health Benefits.
Trnkova J. (2005). Co znamena spolecenska odpovednost firem? In Napric spolecenskou odpovednosti firem. Kladno: AISIS.
Uddin, M. B. et al. (2008). Three dimensional aspects of corporate social responsibility. In Daffodil International University Journal of Business and Economics, 1, 199-212.
Williamson, N., Stampe-Knippel, A. & Weber, T. (2014). Corporate social responsibility: National public policies in the European Union – Compendium 2014. Luxembourg: Publications Office of the European Union.