PRI Managing Director explains how investors can make a difference
PRI Managing Director, Fiona Reynolds, has written an article in FT Adviser, suggesting that investors can make a difference. According to Reynolds “Most people will make some kind of investments during the course of their lifetimes, yet many do not really know where that money is actually going to. In the past few years, there have been painful reminders of what happens when companies ignore environmental, social and governance (ESG) factors. Classic examples are the BP oil spill in the Gulf of Mexico and the Lonmin mining fatalities in South Africa, events which had a devastating impact not just on corporate profitability but also did considerable damage to the reputation of the companies involved.” Read the full article here.