Financial Times FT.com

Sovereign wealth funds lag SRI best

By Sophia Grene

Published: September 21 2008 18:02 | Last updated: September 21 2008 18:02

Sovereign wealth funds lag significantly behind the leaders in the field of socially responsible investing, missing a chance to enhance returns as well as help mitigate climate change.

The Norwegian Government Pension Fund – Global which has declared its intention to be “the best managed fund in the world”, has commissioned a report from SRI consultant Innovest and the World Wildlife Fund for Nature looking at global SRI practices, particularly with relation to environmental investing.

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