31 May '12, 1pm

Is Wall Street Beginning to ‘Get’ #Sustainability?

Some of the most compelling evidence comes from a rigorous academic study conducted by faculty members at the Harvard and London Business Schools. The Impact of Corporate Social Responsibility on Investment Recommendations suggests that analysts have gone from believing a few years ago that a focus on CSR and sustainability was a net negative influence on financial performance to believing now that the reverse is true, and are factoring it into their investment recommendations accordingly. They also discovered that it is the senior analysts who have followed firms and industries for the longest time and have the best track records that are leading this change in thinking. Even Wall Street analysts get wiser with age, I suppose!

Full article: http://www.environmentalleader.com/2012/05/31/is-wall-str...

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