Environmental Resources Management ERM, an Asia-Pacific consultancy for environmental, health, safety and risk management, has released a report highlighting Hong Kong companies' poor record in appealing to global sources of capital invested along socially responsible lines - and therefore missing out on a rapidly growing source of funding.
Socially responsible investing SRI is increasingly popular among retail and institutional investors in North America and Europe. SRI funds actively invest in companies that demonstrate good corporate governance and follow policies friendly to social, environmental and economic issues. The argument goes such companies are better managed and have a long-term interest in sustainable development, and so will provide superior long-term investments.
ERM says now SRI...
