Sustainable and Responsible Investment: Stakeholders' Value Network

Slim Turki, Marija Bjeković-Obradović, Corentin Vermeulen
2012 Journal of Financial Studies & Research  
Sustainable and responsible investment (SRI) could be defined as the type of investment which aims to achieve financial returns while performing in terms of extra-financial aspects, such as social, environmental, governance and ethical objectives. In recent years, interest in SRI funds has been growing. It leads to a profusion of labels and funds claiming to be responsible and sustainable. As a result, new roles and specific SRI-service providers have emerged, such as labeling and rating
more » ... g and rating agencies or SRI-auditors among others. Nevertheless, these emergent SRI-services remain unregulated, partially due to the novelty and constant evolution of this domain. The SRI funds' value network could be considered as a tailored investment funds value network. This paper aims to contribute to achieving better understanding of the specificity of SRI fund industry and involved stakeholders. It contributes to the formalization of the roles within the SRI-specific value chain with goal-and-value-modeling languages.
doi:10.5171/2012.990376 fatcat:tmzvolvuvfbtzmodag5xjulopa