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The Language of the European Union About SRI: A Diachronic Linguistic Analysis (2002–2022)

In: ESG Integration and SRI Strategies in the EU

Author

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  • Alice Martini

    (University of Pisa)

Abstract

This chapter is dedicated to a diachronic linguistic analysis of the—mainly legal and regulatory—language that the European Union has been using since 2002 up until 2022 to refer to SRIs. After a short and essential overview about the academic debate connected to the definition of SRI, I attempt to test the terminology implemented by some European institutions in relation to the semantic field connected to the notion of the socially/sustainable responsible investments. This linguistic analysis is performed using the online software Sketch Engine, that is, specifically dedicated to corpus linguistics. I try to verify if the change in the meaning of the acronym SRI can be measured over time and to which direction it points. The results show that the EU institutions—particularly the Commission through the ground-breaking “Taxonomy”—not only tried to legally regulate the recent growth of the financial phenomenon of SRIs but also were front runners in the attempt to guide this process. I show that the EU, though not completely ruling out the social and “moral” issues that were originally encompassed in the idea of SRI, has however significantly contributed to the shifting of this concept to a mainly environmentally related issue.

Suggested Citation

  • Alice Martini, 2023. "The Language of the European Union About SRI: A Diachronic Linguistic Analysis (2002–2022)," Palgrave Studies in Impact Finance, in: Luca Spataro & Maria Cristina Quirici & Gabriella Iermano (ed.), ESG Integration and SRI Strategies in the EU, chapter 0, pages 263-281, Palgrave Macmillan.
    • Handle: RePEc:pal:psifcp:978-3-031-36457-0_13
    DOI: 10.1007/978-3-031-36457-0_13
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