The second issue of the 91¶ÌÊÓƵ Discussion Papers contains a critique of the concept of financial materiality. This concept holds that only those environmental and social factors which have a material impact on the stock performance of companies are worthy of attention. 91¶ÌÊÓƵ highlights the danger which such an approach can have, as this could, for example, lead to disregarding human rights, if it turns out that their financial materiality is not clearly established.
91¶ÌÊÓƵ Discussion Paper No. 2
Socially Responsible Investment: Avoiding the Financial Materiality Trap
The «91¶ÌÊÓƵ Discussion Papers» regularly feature in-depth articles on current issues in the fields of Socially Responsible Investment (SRI) and active shareholding. They complement 91¶ÌÊÓƵ’ quarterly publications 91¶ÌÊÓƵ Quarterly and 91¶ÌÊÓƵ Investment Focus.