This book provides evidence on the relevance of environmental and social factors in decision
making. It discusses the Gold Standard Frameworks for integrating extra-financial risks into
the philosophy culture strategies products and value chain management procedures of
investment and banking and highlights the current emergence of global administrative law. New
emerging topics like positive impact investing and finance climate friendly markets human
rights the enhanced role of fiduciary duties and shared values are approached with a lot of
examples for practical application. Steps towards a new banking culture a new climate for
double loop learning and sustainable financial innovation are outlined and the additional
benefits of robust stakeholder engagement explained. The anthology paves the way from robust
impact and risk management to positive impact creation and a new investment culture. As well
challenges for the implementation and ways to overcome them are broadly discussed. The book is
rooted in the fact that institutions and investors which fail to professionally integrate the
management of extra-financial risk into their whole lending and investment chain and fail to
move to positive impact creation may well loose positions and mandates and finally the trust of
their clients partners and stakeholders. The contributing authors of this anthology are
internationally renowned experts in the field of ESG and impact investing. The compendium
brings together practitioners and academics to allow a confluence of thoughts concepts and
viewpoints. This huge variety of perspectives and approaches makes this volume a comprehensive
compendium on responsible investment and banking.
