On September 29, 2017 Investment & Pensions Europe (IPE) covered the 2017 ESG Country Report published by Candriam.
According to the article, “China, Russia and Turkey are among 49 countries that are “non-investable”, according to an analysis of their potential for long-term sustainable development by Candriam.
Of the 35 advanced economies analysed – based on the definition used by the International Monetary Fund – only Greece came out as non-investable. Out of the 88 emerging economies, 48 were classified as non-investable.
This means that Candriam would not invest in these countries as part of its socially responsible investment (SRI) funds, subject to big developments during the year that could affect the countries’ scores. It is free to invest in them for its other funds.”
You can read the article on the IPE internet site.
You may download the Candriam 2017 ESG Country Report here.