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As coronavirus infects markets, sustainable funds prove their mettle

by


Highlights:

Clean energy-based investments, known as Environmental, Social, and Governance (ESG) funds, are performing better than fossil fuel backed investments during the current financial decline.

  • ESG funds were not considered safe investments by naysayers, but the hits taken throughout the year are not nearly as bad as their fossil fuel counterparts 
  • $30 trillion of the world’s assets are now in ESG funds and climate-conscious, wealthy millennials play a huge part in these investments
  • ESG funds are now being incorporated into 401(k)’s and retirement plans
  • Volatile oil prices are a major reason why ESG funds are more stable since these funds stay away from major fossil fuel investments 

The Climate Center’s Business for Clean Energy network supports businesses committed to a climate-safe California.


Read More: https://grist.org/energy/as-coronavirus-infects-markets-sustainable-funds-prove-their-mettle/

The biggest sustainability funds are beating the market

by Mathieu Benhamou, Emily Chasan and Saijel Kishan, Bloomberg


Highlights:

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.


Read More: https://www.bloomberg.com/graphics/2020-ten-funds-with-a-conscience