At Davos, the companies committed to publish information on 21 environmental, social, and governance metrics, from greenhouse gas emissions to diversity to taxes paid.
The Kingdom of Saudi Arabia (KSA) is changing. Many facts can be quoted that suggest that to be true but will the rise in consumer consciousness direct the depth of change or might the Kingdom underestimate consumer shift? There is small progress together with grand proclamation to either be taken seriously or dismissed as an opaque veneer in the ‘new’ Saudi Arabia.
Are you a devotee, an optimist or a samaritan? Morningstar columnist John Rekenthaler looks at the options - whether you consider yourself an ESG investor or not.
ESG funds have outperformed their peers across major equity markets in 2020, delivering near double the returns of non-ESG mandates in the IA Global sector, Willis Owen’s inaugural annual ESG review reveals.
New York — The market needs to be a little more realistic about environmental, social and governance matters, and accept that balance-sheets could take a hit near term, yet yield potential dividends further down the line, market participants and analysts say.
On the face of it at least, ESG-themed equity funds that claim to locate more firms based on criteria such as carbon intensity, staffing diversity and shareholder control are having a good pandemic. Fund inflows are surging and performance is at least keeping pace.
“The growth opportunity of the century” report describes ESG as representing a “paradigm shift”, the largest fundamental change in the investment landscape since the introduction of exchange traded funds.
Depending on sector, fund managers’ “best ideas” constitute the top five holdings of a selection of top performing funds, or the three most overweight positions. The data is based on the funds’ most recent portfolio disclosures to Morningstar.
