CIAO DATE: 02/2009
November 2008
The unprecedented turmoil in the world's financial markets has resulted in a significant loss of trust in the global financial system. Financial institutions and the market as a whole have been criticised for short-termism, for lacking transparency, and for not being properly accountable to regulators or to wider society. The credit crisis has also raised wider questions about the proper role of investors in society, both in terms of the specific investments that they make and the manner in which they use their influence to ensure that the positive social and environmental impacts of their investment activities are maximised, and the negative impacts minimised.
Resource link: Responsible investment: a force for poverty alleviation [PDF] - 1.3M