Reviews of the latest academic research on responsible investmentWelcome to the RI Digest, the monthly digest published by the PRI Academic Network to increase knowledge about responsible investment practices and opportunities. This month's issue addresses how environmental, social or governance (ESG) factors affect credit ratings, bond yields and fixed income funds. Recent academic studies suggest that the impact of ESG factors should be on the radar of institutional investors, investment consultants and chief financial officers alike. Why? Because ESG factors protect against credit risk and can add value. |
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May 2010
