.... However, it also lowers the cost of non-green investments for those same firms. Furthermore, investors lose their appetite for responsible investments under uncertainty, and if firms are perceived to greenwash. Altruistic warm-glow investor preferences will thus not “automatically” lead to a green...

... problems and possibilities concerning the principles of responsible investment. The paper focuses on, but is not restricted to, the United Nations-backed Principles for Responsible Investment. Findings – The United Nations-backed Principles for Responsible Investment give investors moral freedoms...