This report discusses the investment performance of investment portfolios containing tobacco companies and those that excluded tobacco companies. The research concludes that there was no statistically different performance between portfolios that included and excluded tobacco companies over the last 20 years.

This is the final report from a four-year, multi-stakeholder/multi-jurisdiction research and engagement exercise. It demonstrates that environmental, social and governance integration is a component of investors' fiduciary duty. In order to fulfill this duty, regulators and policymakers must better understand fiduciaries’ needs and establish policies that support this approach.

The Poverty Footprint is a tool that enables companies and partners to implement a people-centred assessment of corporate impacts on poverty. The report is used to better understand the impacts of operations and value chain on people and poverty, and to turn this learning into action.

This is a guide for fixed income investors to implement responsible investment (RI) principles. A key application is using environmental, social and governance (ESG) integration to determine an issuer's creditworthiness. Motivations for applying RI in fixed income vary from pursuing financial value through the management of risks and opportunities to ethical motivations and reputational concerns.

ShareAction (formerly FairPensions) report on the fiduciary obligations of different types of investors, exploring how the interpretation of this relationship has shifted from its traditional meaning. A detailed analysis concludes with recommendations for government departments, regulators and investors, to ensure that fiduciary principles are indeed protecting beneficiaries.

Accounting for Sustainability aims to inspire action by finance leaders to drive a fundamental shift towards resilient business models and a sustainable economy. It achieves this through conducting research, publishing reports, hosting events and providing a networking platform for the finance and accounting community.

Financial institutions consider cluster munitions companies as inappropriate business partners and have made efforts to restrict their investment. Unfortunately, their policies contain loopholes that could still allow their financing. Several steps have been introduced in order to help analyse a financial institution's policy and prevent cluster munitions exposure in portfolios.

ShareAction, formally known as FairPensions, is a charity focused on propelling a shift towards responsible investment. Their vision entails transforming the investment system into one that better serves savers, society and the environment.

This research, through hypothesis testing, examines the impact of investors' ethical awareness and understanding on investor behaviour in capital markets and its link to increased financial satisfaction through that behaviour. As such, the reports challenges neo-classical economic theory by suggesting investors look beyond risk and return and develop investment portfolios in line with their ethics.

Integrating environmental, social and governance (ESG) criteria into existing portfolios involves considerations beyond benchmark tracking and diversification such as budgets for governance and risk as well as portfolio impacts of different types of ESG implementation. The report explores ESG portfolio integration as well as outlining trade-offs in portfolio management.

The research explores the moral, financial and economic justification for responsible investment, and the academic evidence underpinning future action. It concentrates on how ESG factors materially impact investment risk and returns, clarifying the agency of investors over non-financial value creation.

A 2018 report on worldwide investments in harmful cluster munitions. Two arms manufacturers recently ended production of cluster munitions, and more financial institutions and states are acting to end money going to producers. Despite declining investment from financial institutions, there are seven companies in the report still manufacturing.