Читать книгу ESG Investing For Dummies - Brendan Bradley - Страница 42
Understanding Why ESG Is Important
ОглавлениеIf it wasn’t clear already, ESG and sustainability issues are counted as important long-term factors, and they are the focus for ever-increasing amounts of research to identify them as catalysts for long-term corporate and investment performance. This has encouraged advisors, consultants, investment platform providers, and ratings agencies to develop tools to identify asset managers with the ability to pinpoint those factors and companies and to highlight the advantages in this rapidly increasing market.
There have been major advances in the understanding of how ESG factors may impact performance. The growth in academic and other research is providing evidence to underpin that belief. For the world’s major asset owners and other stewards of capital, how a company classifies and oversees its operational and reputational risks as well as the economic and commercial opportunities from ESG issues is a fundamental gauge of the quality of its board of directors and the overall business. Investors are now seamlessly integrating an assessment of ESG quality with financial analysis to form a holistic view of an enterprise’s risk and the potential to deliver long-term earnings growth and therefore value. This section highlights some of the issues that are driving the need for ESG investing.