Private Social Investment in France: Meeting Two Goals

Socially Responsible Investing in France has taken off much like in the rest of the world.  Several students from the Wharton Business School authored an article that discusses the two styles of private socially responsible investing that have gained notoriety in France.

We typically focus on publicly traded companies and there were some facts in this article of note.

“At the end of 2009, social investing in France reached €4 trillion (US$5.7 trillion) after nearly doubling between 2005 and 2008. The dominant investment vehicles in this field are socially responsible index funds.”

“According to Novethic, an affiliate of government pension fund manager Caisse des Dépôts, social investing in France is still in its fledgling stage, but it has been encouraged by French legislation that promotes social investing, such as a regulation requiring pension funds to invest at least 10% of their assets in socially conscious projects.”

Read the full article: Private Social Investment in France: Meeting Two Goals

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