One of Europe’s biggest managers is reassessing its weapons policy, but won't "open Pandora's box the whole way"
As Russia’s latest invasion of Ukraine enters its fourth month, a EUR 1.6trn London-based asset manager is still discussing the implications for its investment policy. The CIO and Head of Responsible Investment Integration outline the different dimensions.
Russia’s latest invasion of Ukraine has led many investors to discuss whether their ESG policies should be revised to allow investments in conventional weapons. The debate was kicked off by Stockholm-based SEB, which in early March annonuced changes to its sustainbility policy, thereby allowing certain funds to invest in the fense industry.
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