Investing in Sustainability

nickrobinscarykrosinskyToday, Sea Change Radio talks with Nick Robins of HSBC and Cary Krosinsky of Trucost about their book, Sustainable Investing.  We also visit the Responsible Investing Forum, produced in association with the Social Investment Forum, where we speak with Tim Smith of Walden Asset Management about shareowner activism and hear the excerpts from the keynote of John Ruggie, the UN Special Representative on Business and Human Rights.

People have long considered the impact of their financial transactions on society and the planet. In the 1970s, the launch of the Pax World Balanced Fund formalized SRI, and the field has grown to where now, one in nine dollars is invested using SRI.  But as the world continues to change, so too does the SRI field.  In 2007, Joe Keefe and Julie Gorte of Pax World coined the term “sustainable investing” to describe a process based less on values, and more on the value created by investing in a sustainable world.  In our conversation with Cary Krosinsky and Nick Robins, we explore the distinctions and commonalities between SRI and sustainable investing.