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The ESG gold rush has never been more real with 330 new funds launched year to date and a three fold increase in the number of companies net-zero targets. Investors shifted from a myopic profit maximization focus to a more sustainable model where capital appreciation matters as much as environmental and social considerations. This trend confirms the need for SFDR to dissociate change-makers from marketing specialists.
Every cloud has a silver lining; after a Trump mandate of backpedaling on climate actions, the new US President gives centerstage to “E” discussions. Biden’s multi-trillion Keynesian plan will reinvigorate climate urgency in the US and be a boon to wind, solar and other renewable energy companies. After rejoining...
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