What is the legal justification behind Investing for Sustainability Impact?

A new UNEP FI and the PRI report outlines how asset managers and asset owners should think through their legal duties to beneficiaries and how it affects their ability to achieve positive impactThe report is the next layer building on the Freshfields report of 2005 and the Fiduciary Duty for the 21st Century project in charting out the evolving legal landscape behind responsible financePolicy makers in the markets they surveyed, as well as in emerging markets for ESG like many Islamic markets, may be called upon to give clearer guidance, such as about investor participation in collective efforts on stewardship activities in support of positive impact

A new report from PRI, UNEP FI and Generation Foundation, A Legal Framework for Impact, is aimed at helping asset owners and man...