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“The interest among responsible investors in the ‘real economy’ is typically linked with the need for longer term time horizons. But it is also closely tied with a belief about the health of funds, over the long term, being necessarily tied to the health of the economy itself. This may involve rethinking how funds measure their contribution to real economic activity, and how large-scale social and environmental changes will affect long-term performance.”

David Wood and Jay Youngdahl
Mapping the Role of Pension Fund Trustees in Building Responsible Investment Strategy


David Wood
Director,
Initiative for Responsible Investment
Adjunct Lecturer in Public Policy, HKS

Office Address
Belfer-102

Mailing Address
John F. Kennedy School of Government
Mailbox 143
79 JFK Street
Cambridge, MA 02138

Contact
Phone: 617-384-8322
Fax: 617-495-0996
Email:
david_wood@hks.harvard.edu

HKS Directory Info

Profile

David Wood is the director of the Initiative for Responsible Investment (IRI) at the Hauser Center for Nonprofit Organizations. Current projects range from work with pension fund trustees on responsible investment policies, mission investment by foundation endowments, research on the changing nature of the supply for and capacity to receive capital for community investment in the US, and a global survey of the relationship between public policy and impact investment. Recent work has included the publication of the Handbook on Responsible Investment Across Asset Classes (Boston College, 2007); the development of a Responsible Property Investing Center; field definition in sustainable emerging market SME investment; and research into the investor use of corporate reporting on non-financial information. He was elected in 2008 to the Board of the Social Investment Forum. Before he came to the IRI, he taught the history of ethics, including the history of economic thought at Boston University. He received his Ph.D. in History from the Johns Hopkins University.

Learn More

Visit the Initiative for Responsible Investment at http://hausercenter.org/iri/