Sustainable Finance Is Performing Well in the Pandemic—But Why?
14 May 2020
Sustainable finance is not new. Early calls for economic transactions to incorporate environmental, social, or governance (ESG) issues can be traced back as far as the Holy Books. But it would have been difficult to divine the uptake of sustainable finance in recent times, largely achieved in the wake of the 2008 financial crisis and amid the Covid-19 pandemic.
Mathematical consensus is building up around the idea that ESG issues have a financially material impact on equities and other asset classes and, as a result, financial assets managed through ESG lenses have been steadily growing nearly 20% a year, and presently account for over one-third of the global financial market.
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