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Article

2 Nov 2008

Author:
Sophia Grene, Financial Times

Investing in doing good can be good risk management

[T]he most hard-headed commercially-minded asset managers are talking about a new form of investment process, including a checklist more usually associated with Greenpeace or Oxfam. Climate change, corporate responsibility, human rights – all these come under the banner of sustainable investment, and a broad range of industry participants have simultaneously come to the conclusion this is the way forward...Insight Investment, in partnership with...Oxfam, is about to launch a year-long programme to promote discussion and research about the role of institutional investors in poverty alleviation and development. “Responsible investors benefit from better risk management, greater transparency, and an active engagement with companies to promote better management,” says Helena Vines Fiestas, a policy analyst for Oxfam. [refers to Deutsche Bank, HSBC, Goldman Sachs]