What to Expect from ESG Week

From Morningstar: 2024-06-17 07:15:00

This week’s special report focuses on ESG investing, which has become more controversial. Sustainable funds had a strong year in 2020 but have since seen outflows due to tech outperformance. Debate over sustainability has intensified, leading companies like Baillie Gifford and Barclays to withdraw sponsorships amid activist pressure.

Governments face pressure to meet climate targets, with the UK’s Labour party proposing a ban on petrol and diesel sales by 2030. The complex ESG landscape presents challenges for investors, with concerns about greenwashing. Reputation risk factors and controversies make decision-making difficult.

Throughout the week, articles will examine the best-performing sustainable funds and trends in fund flows. The focus will also be on wind energy stocks, the UK market’s ESG stance, and the impact of interest rates on green bond projects. Interviews will cover ESG fund stock holdings and the energy transition with private capital.

Discussions on job losses in asset management due to the ESG downturn will take place. As the US election nears, attention shifts to climate change and renewable stocks, with the Biden administration earmarking funds for infrastructure. The election outcome will impact the future of US renewable investment.



Read more at Morningstar: What to Expect from ESG Week