Extra-financial criteria

Those factors are generally referred to as extra-financial criteria and encompass ethical considerations, environmental sustainability, social responsibility and corporate governance (ESG) issues. The abbreviation ESG in newer terminology is often used synonymously with SRI. 

With the first fund created in 1928 and documented practices of making investment decisions based on moral grounds before that, the practice of taking into account extra-financial criteria when making investment... 

Environmental sustainability. Social responsibility and corporate Governance (often referred to as extra-financial criteria ) fatty acid methyl ester... 

In general it is not possible to develop a complete treatment scenario that is optimal technically, financially and also with respect to environmental sustainability. A solution has to be found which is economically and technically feasible and also satisfies the criteria of environmental sustainability to the greatest possible extent. An additional criterion for the selection of a complete closed loop water system can be obtained if the net environmental benefits are compared with the extra costs of the closed loop system. In this way the extra environmental benefits per unit investment costs or operating costs can be calculated. In the final selection of a closed loop water system aspects dealing with acceptability and public environmental awareness also play an important role. 

---