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dc.titleThe Business Case for ESG Investing for Pension and Sovereign Wealth Funds
dc.contributor.authorHoffmann, Bridget
dc.contributor.authorArmangue i Jubert, Tristany
dc.contributor.authorParrado, Eric
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.date.available2020-06-23T00:00:00
dc.date.issue2020-06-23T00:00:00
dc.description.abstractInvestors' interest in investments that consider environmental, social, and governance factors (ESG investments) is increasing as they seek investments that combine financial returns with societal benefits. Using Chile's sovereign wealth funds and pension funds as a case study, this policy brief contributes evidence indicating that ESG investments can deliver better environmental, social, and governance performance without sacrificing financial returns. Given their large share of global assets and long-term investment horizon, as well as governments' concerns for societal outcomes, ESG investments are particularly important for sovereign wealth funds and pension funds.
dc.format.extent30
dc.identifier.doihttp://dx.doi.org/10.18235/0002455
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Business-Case-for-ESG-Investing-for-Pension-and-Sovereign-Wealth-Funds.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectGovernance
dc.subjectPension Systems
dc.subjectFinancial Bond
dc.subjectSovereign Wealth Fund
dc.subjectInvestment Level
dc.subject.jelcodeQ50 - Environmental Economics: General
dc.subject.jelcodeG18 - Government Policy and Regulation
dc.subject.jelcodeG15 - International Financial Markets
dc.subject.jelcodeG11 - Portfolio Choice • Investment Decisions
dc.subject.jelcodeG32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill
dc.subject.keywordsESG investing;Stakeholder value;Pension funds;Sovereign wealth funds
dc.typePolicy Briefs
idb.identifier.pubnumberIDB-PB-00338
idb.operationRG-E1499
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