Investing based on environmental, social and governance-based measures has suddenly become mainstream. Everyone from pension and sovereign wealth funds through to mass market retail is asking for funds which either negatively screen out or positively select shares and businesses with a commitment to doing ‘the right thing’ – however that may be defined.
But as this sector has grown almost exponentially, the questions and critiques have started to multiply. How accurate (and useful) are the index screening methodologies? What’s the impact of the selected businesses in real world challenges? Is the whole movement one giant example of virtue signalling by a liberal financial elite?
Hosted by ETF Stream, this interactive conference provides a unique opportunity to engage with Europe’s leading investment professionals.
At the event, Gianfranco Gianfrate, Professor of Finance, EDHEC Business School, and Sustainable Finance Lead Expert, EDHEC-Risk Institute, will give the keynote closing speech on the theme of Climate Finance and the issues surrounding its actual implementation.
The session entitled: "Green Investing: the Good, the Bad, and the Ugly" will examine the following issues:
- Sustainable investing has finally become mainstream in finance
- Unfortunately, “sustainability” for many companies and investors is a just a marketing tool
- New reliable metrics and innovative investment approaches are needed to foster the transition to a low-carbon economy