In recent years, the financial sector has been paying closer attention to these standards, with many investors now applying ESG-related criteria when considering the risks and growth opportunities of their portfolios.
Flows into sustainable funds have been growing steadily in the past few years and funds focused on environmental, social and governance (ESG) assets climbed to $3.9 trillion
Investing according to environmental, social and governance (ESG) principles emerged as a major focus of COP26, the United Nations Climate Change Conference, which wraps up on Nov. 12.