Sustainable and responsible investment (SRI) in South Africa: A limited adoption of environmental criteria

REFERENCES

• 2005 Report on Socially responsible investing trend in the United State. A 10 years review. 2006. US Social Investment Forum. 2006. [Online] Available: http://ussif.org/pdf/research/Trends/2005%20Trends%20Report.pdf [Accessed September 2011].
   Google Scholar
• 2010 Report on socially responsible investing trends in the United States. 2010. Social Invest, November, [Online] Available: http://www.socialinvest.org/resources/pubs/trends/documents/2010TrendsES.pdf [Accessed 1 December 2010].
   Google Scholar
• Alinsky S. 1971. Rules for Radicals: A Practical Primer for Realistic Radicals. (New York: Random House).
   Google Scholar
• Alexander Forbes. 2008. Manager watch survey of retirement fund investment managers. Sandton, South Africa: Alexander Forbes.
   Google Scholar
• Brick K and Visser M. 2011. Green certificate trading. Journal of Energy in Southern Africa, 22(1):42–54.
   Google Scholar
• CDP (Carbon Disclosure Project). 2009. Carbon disclosure project: South Africa JSE 100. Report prepared for CDP by Incite Sustainability, NBI, and CDP. London: CDP [available at www.incite.co.za/files/CDP%20South%20Africa%202009_Full.pdf, accessed August 2010].
   Google Scholar
• Blanc D and Hobeika S. 2008. What role for environmental funds within SRI? http://www.novethic.com/novethic/v3_uk/upload/What_Role_For_Environmental_Funds_Within_SRI.pdf. Accessed June 2010
   Google Scholar
• Cheek S. 2009. RI strategies gather momentum. Global Pensions.com, September 1, 2009. http://www.globalpensions.com/global-pensions/feature/1531822/ri-strategies-gather-momentum. Accessed June 2010.
   Google Scholar
• Cranston S. 2009. Government employee pension funds, Taking the high ground. Financial Mail, November 27, 2009.
   Google Scholar
• Crotty A. 2009. UN expels two SA fund managers. Business Report, online edition, August 24, 2009. http://www.busrep.co.za/index.php?fArticleld=5136352&fSectionld=552&fSetld=662. Accessed June 2010.
   Google Scholar
• De Cleene S and Sonnenberg D. 2004. Socially responsible Investment in South Africa. 2nd ed. Report prepared for the African Institute of Corporate Citizenship. Johannesburg, South Africa: AICC.
   Google Scholar
• Domini AL. 2001. Socially responsible investing—Making a difference and making money. Dearborn Trade Publishing, Chicago.
   Google Scholar
• Eccles N.S, Nicholls S and De Jongh, D. 2008. The state of responsible investment in South Africa, UNISA Centre for Corporate Citizenship, Pretoria. http://www.unepfi.org/fileadmin/documents/The_State_of_Responsible_Investment_01.pdf. Accessed June 2010.
   Google Scholar
• Eurosif. 2003. Socially responsible investment among European institutional investors: 2003 report. http://eurosif.org. Accessed October 2010.
   Google Scholar
• Eurosif 2008. Eurosif European Survey 2008. http://eurosif.org. Accessed October 2010.
   Google Scholar
• Eurosif. 2010. Eurosif European Survey 2010. http://eurosif.org. Accessed October 2010.
   Google Scholar
• Government Employee Pension Fund and UNPRI. 2009. Investors hail “landmark moment” for responsible investment in South Africa. 21 May, 2009, www.gepf.co.za or www.unpri.org, Accessed June 2010.
   Google Scholar
• Government Employee Pension Fund (GEPF).. 2010. Responsible investment implementation: Integrating ESG issues in investments [available at www.gepf.gov.za/newsandevents/Documents/Q23ESGIssuesInvestment.pdf, accessed August 2010].
   Google Scholar
• Giamporcaro S. 2006. Socially responsible investment between supply and demand: Analysis of, and issues in, the social construction of political saving. PhD dissertation, Department of Sociology, Paris V (University René Descartes-La Sorbonne).
   Google Scholar
• Giamporcaro S. 2009. How assets managers in France designed SRI products that integrate extra-financial considerations into their investment decision making process? 15th International Sustainable Development Research Conference Taking up the global challenge. Utrecht, 5–8 July 2009, unpublished paper.
   Google Scholar
• Giamporcaro S. 2011. Sustainable and responsible investment in emerging markets: Integrating environmental risks in the South African investment industry. Journal of Sustainable Finance and Investment, 1:121–137.
   Google Scholar
• Haig BD. 1995. Grounded theory as scientific method. Champaign, IL, USA: University of Illinois Press, Philosophy of Education Society.
   Google Scholar
• Hansa AM. 2007. Dimensions of sustainability. Journal of Engineering for Sustainable Development: Energy, Environment, and Health, 2(1):47–57.
   Google Scholar
• Heese K. 2005. The development of socially responsible investment in South Africa: Experience and evolution of SRI in global markets. Development Southern Africa, 22(5):729–39.
   Google Scholar
• Herringer A, Firer C and Viviers S. 2009. Key challenges facing the socially responsible investment sector in South Africa. Investment Analysts Journal, 70:11–26.
   Google Scholar
• Hoggett J and Nahan M. 2002. Ethical investment: Deconstructing the Myth. IPA Review 54(3):1–6.
   Google Scholar
• Huault I and Rainelli H. 2009. A market for weather risk? Worlds in conflicts and compromises (February 4, 2009). Available at SSRN: http://ssrn.com/abstract=1282089
   Google Scholar
• Hunter R. 2007. Pension fund legislation in South Africa. Unpublished article.
   Google Scholar
• Inspired evolution. 2010. Evolution one reaches final closing at ZAR700 million. http://www.inspiredevolution.co.za. Accessed August 2010.
   Google Scholar
• Incite Sustainability. 2009. Carbon Disclosure Project 2009 JSE 100, released October 2009, http://www.incite.co.za/files/CDP%20South%20Africa%202009_Full.pdf, accessed June 2010.
   Google Scholar
• Institute of Directors in Southern Africa. 2009. The King Code of Governance Principles: King III. Parklands, South Africa: Institute of Directors in Southern Africa [available at http://african.ipapercms.dk/IOD/KINGIII/kingiiireport, accessed August 2010].
   Google Scholar
• Institute of Directors in Southern Africa. 2011. The Code of Responsible Investment in South Africa. Parklands, South Africa: Institute of Directors in Southern Africa [available at http://www.asisa.co.za/index.php/info-centre/responsible-investment.html Accessed July 2011].
   Google Scholar
• Jankowicz AD. 2005. Business research projects. 4th ed. London: Thomson Learning.
   Google Scholar
• JP Morgan. 2010. Impact investment, an emerging asset class. Released November 2010. http://www.jpmorgan.com/pages/jpmorgan/investbk/research/impactinvestments, Accessed November 2010.
   Google Scholar
• Lydenberg S and Louche C. 2006. Socially responsible investment: differences between Europe and United States. In: Vlerick Leuven Gent Management School Working Paper Series. RePEc:vlg:vlgwps:2006–22.
   Google Scholar
• Lamore R, T. Link, and Blackmond T. 2006. Renewing people and places: Institutional investment policies That enhance social capital and improve the built environment of distressed communities. Journal of Urban Affairs, 28(5):429–42.
   Google Scholar
• Locke K. 2001. Grounded theory in management research. London: Sage Publications.
   Google Scholar
• MacKenzie D. 2009. Making things the same: Gases, emissions rights, and the politics of carbon markets. Accounting, Organisation and Society, 34:535–548.
   Google Scholar
• McNulty A. 2009. Threats of lower returns. Financial Mail, May 8, 2009.
   Google Scholar
• Munshi R. 2009. Responsible investments, bringing social returns. Financial Mail, July 24, 2009.
   Google Scholar
• National Treasury South Africa. 2010. Draft replacement of Regulation 28 [available at www.treasury.gov.za, accessed December 2010].
   Google Scholar
• Njobeni S. 2011. Electricity producers perturbed as Nersa reviews ‘green’ tariffs. Business Day. Retrieved from http://www.businessday.co.za/Articles/Content.aspx?id=143127. Accessed August 2011.
   Google Scholar
• Richardson B. 2008. Socially responsible investment law: Regulating the unseen polluters. Oxford University Press, New York.
   Google Scholar
• Salgado Ingi. 2009. Mergence argues for a greater environmental disclosure in SA. Business Report, online edition, May 7, 2009.
   Google Scholar
• Sonnenberg D and Hamann R. 2006. The JSE socially responsible investment index and the state of sustainability reporting in South Africa. Development Southern Africa 23(2):305–320.
   Google Scholar
• Sparkes R. 2006. A historical perspective on the growth of socially responsible investment. In Sullivan, R. & Mackenzie, C. (eds.). Responsible investment. Sheffield, UK: Greenleaf Publishing, pp. 39–55.
   Google Scholar
• Sparkes R and Cowton C. 2005. Investing in socially responsible companies is a must for public pension funds because there is no better alternative. Journal of Business Ethics, 56(2):99–129. UNPRI.com. The Principles. http://www.unpri.org/principles/. Accessed June 2010.
   Google Scholar
• Viviers S. 2007. A critical assessment of socially responsible investment in South Africa. PhD dissertation, Department of Economics, Nelson Mandela Metropolitan University, Port Elizabeth, South Africa.
   Google Scholar
• Viviers S, Bosch JK, Smit EvdM and Buijs A. 2008. The risk-adjusted performance of responsible investment funds in South Africa. Investment Analysts Journal, 68(November):1–17.
   Google Scholar
• Viviers S, Eccles N, De Jongh D, Bosch JK, Smit EvdM and Buijs A. 2008. Responsible investment in South Africa: Barriers, drivers and enablers. South African Journal of Business Management, 39.4:15–27
   Google Scholar
• Viviers S, Bosch JK, Smit EvdM and Buijs A. 2009. Responsible investing in South Africa. Investment Analysts Journal, 69:3–16.
   Google Scholar
• Wildsmith H. 2008. South Africa's largest public sector pension funds: A collective development role? Corporate Ownership and Control 5, No. 3 (Spring).
   Google Scholar
• Winkler H and Marquard A. 2011. Analysis of the economic implication of a carbon tax. Journal of Energy in South Africa, 22(1):55–68.
   Google Scholar