This is why critique of ESG investing does not wash
Assuming that social good and financial interests will only converge in the future is wrong
09 February 2021 - 16:03
Over the past few years environmental, social and governance (ESG) investing has grown exponentially. The worldwide value of ESG-driven assets has almost doubled over four years, and more than tripled over eight years to hit $40.5-trillion in 2020.
Driving that growth has been the belief among investors that ESG investments provide a win-win scenario, in which they can help save the planet while netting positive returns. To a large extent that has held true. It was found in a 2020 study that 60% of sustainable funds outperformed the market over 10 years. ..
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