Call for tenders' details

Title:
Study on resource efficiency and fiduciary duties of investors.
Contracting authority:
European Commission, DG ENV+CLIMA
TED publication date:
17/04/2014
Time limit for receipt of tenders:
03/06/2014
Status:
Closed
The deadline to download documents of this call for tenders has been reached. The download of documents is not possible The deadline to download documents of this call for tenders has been reached. The download of documents is not possible
Information
ENV.F.1/ETU/2014/0002.
Study on resource efficiency and fiduciary duties of investors.
The role of investors as owners of part of the economy brings into question the legal interpretation of 'fiduciary duty', or preservation of the investor's best interest, in particular for asset managers, advisors or trustees. It is sometimes argued that fiduciary duty should encompass not only financial interests but also social and moral obligations, including environmental concerns. In addition, more and more studies show that resource efficiency and the environment are relevant in many cases for the financial returns of portfolio, their vulnerability to risk, and their long term resilience. The question of fiduciary duty has also been identified as a key issue in the Resource Efficiency Finance Roundtable.A study on this topic is, therefore, necessary in order to assess the existing frameworks as well as possible courses of action.This study will study existing provisions on fiduciary duty in various Member States and outside the EU, as well as recent work on materiality and legal implications of integrating sustainability issues in fiduciary duty, and explore desirable options for this integration.
Services
Open procedure
Closed
Checked
Milestones
17/04/2014
N/A
22/05/2014 16:30
23/05/2014
03/06/2014 16:00
17/06/2014 10:30
Lots The call for tenders has no lots.
Notices
Reference Notice type Publication date
2014/S 076-130730 Contract notice 17/04/2014