All investing that is not responsible is “irresponsible” by definition?
Here is a note from Nawar Alsaadi:
It’s pretty simple in my book, if you are not doing responsible investing, you are doing “irresponsible investing”. As the world of finance fully transitions to responsible investing (already 60%+ of Canadian AUM) the term responsible investing will cease to exist as all investing becomes responsible.
And by “responsible,” I mean investing that takes into account the social, environmental and governance externalities of its action. The idea that one can invest at the expense of the air we breathe, the dignity of the people employed, or to the determent of the communities that investment impacts, will become as outdated as the long gone notion of feudal kingdoms and serfs. If your business and investing strategy won’t evolve with the times, it will devolve out of existence.