Compliance and Regulatory Consulting
Local and global compliance expertise for the financial services industry.Compliance and Regulatory Consulting
Malin Nilsson, Managing Director in Duff & Phelps’ Compliance ad Regulatory Consulting practice, was quoted in a BL Global article discussing the ethical and environmental standards for the financial services industry. “Being green” can mean different things. For some investors, it means addressing climate change and preventing global warming, others prefer to have a broader agenda of responsible investing and environmental, social and corporate governance (ESG). Investors take a range of approaches to being green, with some greener than others.
Pension funds for example, have quickly recognized that the long-term market impact of adopting socially responsible investment criteria could be significant due to having very long investment time horizons. This has a knock-on effect throughout the investment industry. “Pension funds are the ones at the starting point of the ESG agenda. That trickles through the value chain in the investment industry. It means private equity firms have to think about ESG. It’s access to investor capital, basically. Investor capital demands ESG consideration, and that trickles right down through to, for instance, portfolio companies,” said Malin.
Read the full article here.