– The establishment of the United Nations-backed Principles for Responsible Investment (PRI) in 2006 was a turning point for investors, as it explicitly included environmental, social, and governance (ESG) issues in investment practices.
– Sustainable investing encompasses various approaches, including ESG investing, socially responsible investing (SRI), and impact investing.
– Larry Swedroe and Samuel Adams provide a comprehensive guide to sustainable investing, covering the different strategies, investor types, and motivations behind sustainable investing.
– The book highlights the importance of understanding the financial materiality of ESG issues and the limitations of ESG ratings.
– It explores the performance implications and impact of sustainable investing on firms and stakeholders.
– The book’s framework and narrative sometimes lack consistency and may leave readers with less clarity.
– The content of the book appears to cater to both retail investors and investment professionals, which may cause some frustration.
– The appendices provide additional resources and guidance for both retail and institutional investors.
Overall, the book provides valuable insights and guidance to navigate the complex landscape of sustainable investing.
