RLAM's Mike Fox: UN SDGs 'not fit for purpose' in responsible investing

Mike Fox, head of UK sustainable investments at Royal London Asset Management (RLAM), has criticised the use of the United Nations Sustainable Development Goals as a framework for responsible investment, stating that they are "not fit for purpose". In a talk at the Square Mile Investment Conference on 27 September, RLAM's Mike Fox stressed how the SDGs were useful for government and society, but asked why firms did not instead use a bespoke model which considers risk and reward instead of them. Jennifer Anderson, co-head of sustainable investment and ESG at Lazard Asset Management, ag...