by Mathieu Benhamou, Emily Chasan and Saijel Kishan, Bloomberg
Environmental, Social and Governance (ESG) Funds are gaining popularity as sustainability-focused investing becomes the new trend.
- Big funders are focused on investing in companies that tackle energy efficiency and minimize environmental impact
- Tech, healthcare, and financial services companies are some of the top ESG funds, as their emissions have been historically low
- Bloomberg’s ranking scale focuses on funds with at least $100 million in assets that use ESG in their investment process.
- Morgan Stanley Institutional Fund tops the Bloomberg list with 98.1 points
The Climate Center supports divestment campaigns that help speed up and scale up greenhouse gas reductions globally and nationally.