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Climate-friendly investment strategies and performance
The Paris Agreement of December 2015 states that the international community wants to align future finance flows with climate-friendly development. A global temperature increase of no more than 2 degrees Celsius above pre-industrial levels is a critical threshold as a higher temperature increase can lead non-manageable climate impact or even to irreversible tipping points in the climate system. Due to the long retention period of greenhouse gases in the atmosphere emissions are to be stabilised at net zero in the second half of this century.

A 2015 FOEN study on “Carbon risks for the financial centre of Switzerland” showed that the greenhouse-gas intensity of the Swiss equity fund market is currently incompatible with this climate-policy goal of 2 degrees Celsius. This can pose a number of risks for investors. Consistent mitigation of climate change through increased CO2 prices and stricter regulations, for example, can lead to value adjustments (transition risks). In addition, damage to production sites or other points in the value chain due to an increasing number of extreme weather events can result in losses in value (physical risks). With the growing awareness of customers, reputational risk also increases that investors frequently mention as motivation to switch to investment strategies that are more climate friendly.

Reliable information about the CO2 exposure of investments and associated risks are a first step to change investment behaviour. The return on low-carbon investment strategies is central in this regard.

The main objectives of the study thus are, first, to expand knowledge about determining the climate impact of finance flows, and second, to examine the performance of investment strategies that are more climate-friendly.

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Top-100-ESG-Aktienfonds-Rating_2016
Transparency, Measurability, Compareability – The third issue of the top 100 ESG equity fund rating study measures and compares the Environmental, Social and Governance (ESG) quality of equity funds, by using the “ESG Investment Screener” of yourSRI.com

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Kohlenstoffrisiken am Finanzplatz Schweiz
CSSP and South Pole Group commissioned by the Swiss Federal Office for the Environment (FOEN), analyses indirect greenhouse gas emissions linked to the Swiss equity fund market. The report outlines risks and costs involved in equity investments should stricter carbon pricing and regulations be put in place.

Recently, more and more investors, researchers, governments and international non-governmental organisations (NGOs) are realising that investments in companies that produce a high amount of CO2 or promote fossil energies are fraught with risk. The harder we strive to meet the so-called 2-degree climate target, which was set by the international community as the critical climate policy target value based on the scenarios of the Intergovernmental Panel on Climate Change (IPCC), the greater the potential losses for investors.

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yTop-100-ESG-Aktienfonds-Rating_2015
Transparency, Measurability, Compareability – The second issue of the top 100 ESG equity fund rating study measures and compares the Environmental, Social and Governance (ESG) quality of equity funds, by using the “ESG Investment Screener” of yourSRI.com

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Top-100-ESG-Aktienfonds-Rating_2014
Transparency, Measurability, Compareability – The first issue of the top 100 ESG equity fund rating study measures and compares the Environmental, Social and Governance (ESG) quality of equity funds, by using the “ESG Investment Screener” of yourSRI.com

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yoursri-mag-yearbook2013-final-001_ganz klein
Institutional and retail investors are becoming increasingly aware of the risk and value impact of environmental, social, and governance (ESG) factors, and their potential effect on an investment profile. A common motivation for integrating ESG into the investment process is to actively manage key factors that are believed to be important drivers of risk and returns. In this context, ESG factors are seen as both a risk and an opportunity to select better-managed companies.

For this purpose, this year’s World’s Sustainable Finance Yearbook was created by yourSRI and CSSP, and aims to provide a more in-depth insights into the world of responsible investing. It also includes a range of best practice solutions.

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Formen-der-modernen-Philanthropie_V1
CSSP provides a new manual “Forms of Modern Philanthropy – New Perspectives for Foundations”. It‘s a free German-language handbook that provides insights into the world of philanthrophy and focusses on the following topics: Philanthropy, Venture Philanthropy, Impact Investing and Responsible Investing. The manual has been designed to support non-profit organizations in their quest to access dedicated resources and funding. It’s now available at www.myimpact.li.

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Jochum_The-Pricingability-of-ESG-Factors
Overuse of resources, increasing shortages of food, climate change, environmental pollution as well as numerous high-profile corporate governance scandals are just a few examples to outline that unsustainable economic activities constitute a threat to humanity. As a consequence, the way we’re doing business and the way we invest will change fundamentally – we must find more sustainable solutions. The financial market crisis has also shown that it is no longer enough to simply consider the three dimensions – risk, return and liquidity. Instead, new investment aspects must find their way into the world of financial services.

A concept, which has become more integrated into capital markets over the last couple of years, is the concept of socially responsible or sustainable and responsible investments (SRI).

All around the globe, the number and diversity of market participants who offer a wide range of SRI products and services is steadily growing. In the same time,SRI is evolving and getting more and more complex. Therefore, more dedicated research is needed to make SRI more viable for investment strategies.

This paper investigates the impact of environmental, social and governance (ESG) issues on stock prices while answering the question: “Are environmental, social and governance factors relevant for asset pricing?”

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Microfinance_A-new-type-of-investment-for-socially-oriented-clients
Approaches and investment strategies that are committed to sustainability have been steadily growing in importance. They are increasingly understood amongst institutional as well as with private investors. In particular, microfinance as a financial investment category has experienced a real boom in recent years. The origins of microfinance lie in a philanthropic movement whose aim it was to provide credit aid to economically active people in poverty.

The volume of microfinance investing has grown very rapidly and produced a new market segment which provides micro-enterprises with access to financial services. In accordance with this rapid growth and the transformation of the sector, the market and its participants have become subject to significant structural changes. By assessing these and other microfinance trends, this book intends to provide an economic perspective of the entire market, its participants, opportunities and aspects of risk.
Approaches and investment strategies that are committed to sustainability have been steadily growing in importance. They are finding increasing interest with institutional investors as well as with private investors. The topic of microfinance as a financial investment in particular has experienced a real boom in recent years. The origins of microfinance lie amongst other things in a philanthropic movement whose aim was to provide credit aid to economically active people in poverty.

Over the years, the start volume grew very rapidly and produced a new market segment which allowed micro-enterprises official access to financial services. In accordance with this rapid growth and the transformation of the microfinance sector, the market and especially the participants have become subject to significant structural changes. Against the backdrop of these developmental trends, this book is intended as a contribution towards providing an economic perspective of the market, its participants and aspects of risk.

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Dreher_Finanzökonomische-Betrachtung
If you strive to achieve a favorable risk-return profile for your investments you will need to consider diversification and must reflect on strategy. A strategy that ties in with the idea of holistic investment management includes socially responsible and sustainable investment practices.

Over the last couple of years, approaches and strategies that are geared towards sustainability are becoming increasingly important and are favored by both institutional and private investors. A growing variety of products as well as increasing investment volumes demonstrate the up-and-coming importance of this market segment. However, there are still uncertainties about the added value of socially responsible investments. In light of these trends within retail and capital markers, this book aims to establish a holistic picture of economic analysis.

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Boersen-Radio-Network-AG

Börsen Radio Network AG – Center for Social and Sustainable Products: Investieren in Nachhaltigkeit?

Oliver Oehri, CSSP, in an interview with Sebastian Leben, Börsen Radio Network AG:

CSSP offers a comprehensive database, yourSRI, for responsible investments. How do you invest in sustainability? Is it possible to measure social returns?

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Private

CSSP Author for Sustainable Finance

Focus: PRIVATE is a traditional media tool targeting the financial elite and multipliers. PRIVATE focuses on (extra-)financial themes including responsible investments and capital preservation. No lifestyle, no celebrities, no sensationalism, and no hot tips. On the contrary: PRIVATE aims to provide objective and long-term information and analysis. It’s been available since 2013.

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Past-Events

CSSP Past Events

CSSP’s events, speeches, articles released in Austria, Germany, Liechtenstein, United Kingdom and Switzerland

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