European Commission paper brings SRI into the mainstream

The European Commission's green paper on corporate social responsibility has brought socially responsible investment (SRI) into the mainstream, Morley Fund Management said.

The consultation period for the green paper will finish in ten days time. Paul Moody, a member of Morley Fund Management's eight-strong SRI team, said: &quotThe European Commission is trying to draw together all the initiatives that are taking place across Europe. The green paper should lead to disclosure legislation that will impact every EU state. It shows SRI is no longer just the interest of a minority.&quot

WSJ Logo