According to the study, investors recognise that Corporate Social Responsibility (CSR) mismanagement has an increasing impact with consequences for investor reputations. CSR policies can mitigate risks providing they are tailor-made and adapted to the type of investor, the size of the investment, technology and region.
57 percent of investors consider recycling as the greatest environmental risk and 67 percent support the reach of agreements with O&M providers for the implementation of environmental policies. 67 percent also believe that active communication and dialogue with stakeholders would reduce the opposition of local communities to renewable energy projects.
The study also highlights the need to supervise compliance and protocols on Human Resources, Human Rights and Non-Discrimination.
74 percent of investors identify general legal liability insurance for Directors & Officers, as the main tool to mitigate Legal and Ethical risks. The elaboration of a Code of Conduct and Ethics including guidelines for antifraud policies and whistle-blowing policies is also encouraged.
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