Taking a 3D approach to responsible investment analysis

Today, we can invest in a myriad of funds that purport to 'avoid doing harm' and/or 'do good'. Often this is generically called 'ESG investing' but this term potentially underrepresents the totality of the concept of responsible investing. Responsibly aligned investment can manifest itself with funds in specific themes (e.g. a water-themed fund or carbon transition fund) or funds which aim to simply reduce exposure to bad business practices or controversies (or perhaps a combination of both). ESG, however, is an input into company analysis that helps identify risks to a business. It does...