Sustainable and responsible investment funds in Europe

J 2021

Sustainable and responsible investment funds in Europe

SLADKOVA, Jitka, Daniela KOLOMAZNÍKOVÁ, Sylvie FORMÁNKOVÁ, Oldřich TRENZ, Jan KOLOMAZNIK et. al.

Základní údaje

Originální název

Sustainable and responsible investment funds in Europe

Autoři

SLADKOVA, Jitka (203 Česká republika), Daniela KOLOMAZNÍKOVÁ (203 Česká republika, domácí), Sylvie FORMÁNKOVÁ (203 Česká republika), Oldřich TRENZ (203 Česká republika), Jan KOLOMAZNIK (203 Česká republika) a Oldřich FALDÍK (203 Česká republika)

Vydání

Measuring Business Excellence, BINGLEY, EMERALD GROUP PUBLISHING LTD, 2021, 1368-3047

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Velká Británie a Severní Irsko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Kód RIV

RIV/00216224:14210/21:00134805

Organizační jednotka

Filozofická fakulta

DOI

http://dx.doi.org/10.1108/MBE-07-2019-0072

UT WoS

000653136400001

Klíčová slova anglicky

Sustainability; Business ethics; Social responsibility; Investments; Sustainable investing; ESG factors

Změněno: 28. 8. 2024 13:03, Mgr. Michal Petr

Anotace

V originále

Purpose The sustainable and responsible investing (SRI) is the part of sustainable investment which focusses on mutual funds. The purpose of this paper is to map and evaluate all the active European SRI funds, their performances and correlation with the national identity. Design/methodology/approach The sample of the research was analysed with descriptive statistics, mainly the frequency, the mean and the correlation analysis. A well-known volatility is represented by the synthetic risk and reward indicator (SRRI). Other two ratings are the environmental, social and governance (ESG) funds score distribution and the ESG funds letter rating distribution. Findings SRI investment may seem to be performing better than in the funds with a different focus. The segment of SRI funds will grow for the next decade. Research limitations/implications There is a lack of definitions and clear metrics for sustainable investing. For better performance, it would be also appropriate to examine each country separately. Practical implications This paper is part of the project targeting to design a model and methodology of SI evaluation taking into account ESG factors and risks, including profitability in a selected sector. This model can be used by investors for better decision-making. Social implications The paper focusses on the funds selecting investments that fulfil ESG criteria, which are part of the social responsibility and sustainability. Originality/value An analysis of the current approaches to evaluating investments shows that the key barrier in the transitions to sustainable investment is not taking into account the ESG factors. The research in this paper includes the ESG factors in the evaluation.

Citovat

SLADKOVA, Jitka, Daniela KOLOMAZNÍKOVÁ, Sylvie FORMÁNKOVÁ, Oldřich TRENZ, Jan KOLOMAZNIK a Oldřich FALDÍK. Sustainable and responsible investment funds in Europe. Measuring Business Excellence. BINGLEY: EMERALD GROUP PUBLISHING LTD, 2021, roč. 26, č. 3, s. 229-244. ISSN 1368-3047. Dostupné z: https://dx.doi.org/10.1108/MBE-07-2019-0072.

@article{1830961,
   author = {Sladkova, Jitka and Kolomazníková, Daniela and Formánková, Sylvie and Trenz, Oldřich and Kolomaznik, Jan and Faldík, Oldřich},
   article_location = {BINGLEY},
   article_number = {3},
   doi = {http://dx.doi.org/10.1108/MBE-07-2019-0072},
   keywords = {Sustainability; Business ethics; Social responsibility; Investments; Sustainable investing; ESG factors},
   language = {eng},
   issn = {1368-3047},
   journal = {Measuring Business Excellence},
   title = {Sustainable and responsible investment funds in Europe},
   url = {https://www.emerald.com/insight/content/doi/10.1108/MBE-07-2019-0072/full/html},
   volume = {26},
   year = {2021}
}

TY  - JOUR
ID  - 1830961
AU  - Sladkova, Jitka - Kolomazníková, Daniela - Formánková, Sylvie - Trenz, Oldřich - Kolomaznik, Jan - Faldík, Oldřich
PY  - 2021
TI  - Sustainable and responsible investment funds in Europe
JF  - Measuring Business Excellence
VL  - 26
IS  - 3
SP  - 229-244
EP  - 229-244
PB  - EMERALD GROUP PUBLISHING LTD
SN  - 13683047
KW  - Sustainability
KW  - Business ethics
KW  - Social responsibility
KW  - Investments
KW  - Sustainable investing
KW  - ESG factors
UR  - https://www.emerald.com/insight/content/doi/10.1108/MBE-07-2019-0072/full/html
N2  - Purpose The sustainable and responsible investing (SRI) is the part of sustainable investment which focusses on mutual funds. The purpose of this paper is to map and evaluate all the active European SRI funds, their performances and correlation with the national identity. Design/methodology/approach The sample of the research was analysed with descriptive statistics, mainly the frequency, the mean and the correlation analysis. A well-known volatility is represented by the synthetic risk and reward indicator (SRRI). Other two ratings are the environmental, social and governance (ESG) funds score distribution and the ESG funds letter rating distribution. Findings SRI investment may seem to be performing better than in the funds with a different focus. The segment of SRI funds will grow for the next decade. Research limitations/implications There is a lack of definitions and clear metrics for sustainable investing. For better performance, it would be also appropriate to examine each country separately. Practical implications This paper is part of the project targeting to design a model and methodology of SI evaluation taking into account ESG factors and risks, including profitability in a selected sector. This model can be used by investors for better decision-making. Social implications The paper focusses on the funds selecting investments that fulfil ESG criteria, which are part of the social responsibility and sustainability. Originality/value An analysis of the current approaches to evaluating investments shows that the key barrier in the transitions to sustainable investment is not taking into account the ESG factors. The research in this paper includes the ESG factors in the evaluation.
ER  -

SLADKOVA, Jitka, Daniela KOLOMAZNÍKOVÁ, Sylvie FORMÁNKOVÁ, Oldřich TRENZ, Jan KOLOMAZNIK a Oldřich FALDÍK. Sustainable and responsible investment funds in Europe. \textit{Measuring Business Excellence}. BINGLEY: EMERALD GROUP PUBLISHING LTD, 2021, roč.~26, č.~3, s.~229-244. ISSN~1368-3047. Dostupné z: https://dx.doi.org/10.1108/MBE-07-2019-0072.

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