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Socially Responsible Investment LawRegulating the Unseen Polluters$
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Benjamin J. Richardson

Print publication date: 2008

Print ISBN-13: 9780195333459

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780195333459.001.0001

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The SRI Agenda: Climate Change and Indigenous Peoples

The SRI Agenda: Climate Change and Indigenous Peoples

Chapter:
(p.453) Chapter 7 The SRI Agenda: Climate Change and Indigenous Peoples
Source:
Socially Responsible Investment Law
Author(s):

Benjamin J. Richardson

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195333459.003.0007

This chapter explores SRI in practice, unveiling how differences in the character of environmental and social issues influence financiers' responses. It contrasts the responses of the SRI sector to two issues—climate change and indigenous peoples. These case studies illuminate the interplay between the business and ethical motivations for responsible financing. The chapter finds that the SRI community tends to focus on some issues more than others, and those issues that can be understood readily within the framework of the business case are most likely to garner attention. It also argues that in each case the ability of the SRI sector to exert influence depends heavily upon governments providing appropriate regulatory and public policy frameworks. For example, markets depend on reforms to price greenhouse gas emissions such as carbon taxes.

Keywords:   climate change, indigenous peoples, policy reform, SRI subject-matter

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