Skip Ribbon Commands
Skip to main content
Navigate Up
Reset Password Sign In
Responsible Investment
Recent years have seen a growing interest in Socially Responsible Investment (SRI) and in Environmental, Social and Governance Issues (ESG). Responsible Investment (“RI”) has become an important feature of the investment management industry. The term “Responsible Investment” or “RI” is preferred by EFAMA Members over the more commonly used SRI because RI indicates that the responsibility of investment managers goes beyond being socially responsible to encompass environmental responsibility as well as governance. It is EFAMA’ s view that RI cannot be captured by a single regime, but a variety of approaches need to be allowed for. Taking this into account, EFAMA has issued its EFAMA Report on Responsible Investment to describe recent developments in RI throughout Europe, to establish EFAMA’s position in relation to RI and finally to suggest next actions going forward. EFAMA has also prepared European industry guidance regarding transparency in reporting on RI to investors both in the pre- and post-investment phases in its EFAMA Guidance on RI information in the KIID & Post Investment Disclosure. This industry guidance applies to those investment products that are promoted as RI. In the pre-investment phase, the Key Investor Information Document (KIID) and other issuing documents such as the prospectus for a fund should indicate that the investment policy follows certain RI standards. The same approach should also be applied to all Packaged Retail Investment Products (PRIPs) where relevant.