After the ESG party

Controversial in terms of its performance, credibility and political direction, sustainable finance is going through a growth crisis and is becoming clearer and more integrated into the landscape

In July, the Financial Times published a documentary entitled Who Killed the ESG Party?  The film prompts us to revisit the period when ESG experienced a huge boom, catalyzed by the signing of the Paris Climate Agreement (2015) and culminating through to the launch of the Glasgow Finance Alliance for Net Zero (2021). Subsequently, assets managed with environmental, social and governance (ESG) factors in mind have grown massively, investment products and specialist jobs have been created, and intense communication and marketing campaigns have been launched. More…

Source: Covalence / Illuminem