HONG KONG SAR – Media OutReach – 24 September 2021 – Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for ESG (environmental, social and governance) investing grows, so does the need for better quality ESG performance data. However, a recent research study has found that ESG ratings of firms provided by different agencies can be confusing to investors and may be holding back the sustainable investment sector from realising its full potential.
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