Fiduciary duties exist to ensure that those who manage other people’s money act in the interests of beneficiaries. Ten years after the original Freshfields and Fiduciary II reports produced by UNEP FI, and despite significant progress, many large investors have yet to make commitments to responsible investment and to consider ESG issues as part of their fiduciary duties. Even among PRI signatories, most investors have yet to fully integrate ESG issues into their investment processes. The report will propose practical actions for institutional investors and policy-makers to address identified and remaining barriers. More information…