Worldwide SRI: From fringe to mainstream
2/3/2003
With a focus on corporate governance and business ethics, this timely book covers the evolution of socially responsible investing over time and around the world. Author Russell Sparkes is a U.K.-based authority with a bird's eye view on the global perspective. Chapters cover Britain's historic 2001 SRI regulations, as well as what Japan and Europe at large are doing in the field of SRI. Interestingly, Scandinavia, via the Church of Sweden, was one of Europe's first pioneers in SRI, creating a fund in 1980 that avoided investment in South Africa and in armaments. Socially responsible investment, argues the author, is part of the larger global business revolution, and no business can afford to take an isolationist stance in this arena.