The retirement industry in South Africa is now obliged by law to take environmental, social and governance (ESG) considerations into account on all pension investments. This is a fundamental shift in hundreds of years of investment philosophy. The International Finance Corporation and the Principal Officers Association commissioned Genesis Analytics and Delsus Limited (UK) to develop the framework and guide for this industrywide shift. The entire financial services industry is involved in formulation of the approach, and this project will help to change the way that R2 trillion of assets are invested.
To learn more about the project please see http://www.sustainablereturns.org.za/about/