Private Law Theory

INTRODUCTION
The universe of socially responsible or ‘ethical’ investments has been expanding exponentially in recent years. It has long been the case that the exercise of the power of investment permitted something more than simply maximising investment returns, with possible financial rewards having to be balanced against an appropriate appetite for financial risk. The concept of ‘financial risk’ has itself developed under modern investment theory to encompass broader ideas of sustainability and Environmental, Social and Governance (‘ESG’) considerations which are themselves increasingly regarded as important markers of long-term financial success. Indeed it is the great success story of the ESG movement that these more socially responsible considerations have been translated so effectively into the language of financial metrics and concerns … (more)

[Sebastian Allen, Wilberforce Chambers, 18 July 2022]