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    Gore Calls on Institutional Investors to Adopt ESG Focus (Chief Investment Officer)

    Former US Vice President Al Gore spoke to the choir Wednesday, receiving loud applause as he told the Principles of Responsible Investing annual conference that investing to combat climate change is part of their fiduciary role.

    Gore, speaking to institutional investors at the PRI conference in San Francisco, did not cite any specific economic papers but said that it was now clear from economic research and real-time performance that integrating environmental, social, and governance (ESG) factors into investing is in line with fiduciary duty and best practices.

    “The idea that the environment and the economy are in conflict is false,” Gore said. “Decarbonizing goes hand-in-hand with improved economic performance.”

     

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