ABSTRACT
Responsible investing has gained ground in the United States in recent years. 1 The number of funds and other vehicles that take environmental, social and governance criteria into account in portfolio selection and investment analysis has surged as investment firms, including many of the largest in the United States, respond to client demand. Another sign is the increased support that investors now give to resolutions asking their portfolio companies to disclose their political spending and to strengthen their environmental and overall sustainability policies. Concerns about corporate governance, particularly in the wake of the 2007-2008 financial crisis, and the mounting risks of climate change are two factors driving interest in responsible investing strategies.
