July 1, 2005
Gradually, socially responsible investment (SRI) is becoming more ingrained in the way that participants in the market do business.
Magnus Furugård, managing director of GES Investment Services in Stockholm, notes two particular developments in the way socially responsible investing is being approached in Europe.
“I think we see two distinct trends at work in Scandinavia, and increasingly in the rest of Europe,” Furugård says. “The first is to rely on norms, such as the Global Compact, but also engagement – active dialogue and not simply excluding companies.”
By Rachel Fixsen