An interesting thought piece discussing the responsibility asset management firms have to commit to their lip service about ESG investments. Many people, on an individual and institutional level, are still failing to follow up their acknowledgement of social and environmental issues with action.
While more needs to be done universally across different geographies and sectors to tackle issues like climate change, a more socially conscious society alongside a rapidly growing renewable energy industry brings enormous financial and ecological opportunity.
With a growing number of sources claiming that ESG investments can create more stable markets and huge returns, why are asset management firms still afraid to mainstream sustainable investing?