The way forward to consider both sustainability and ESG

The way forward to consider both sustainability and ESG

Last year was not a good year for environmental, social, and governance (ESG) funds and their performance has been held back. After years of dramatic growth, investment in ESG securities has sharply declined, with research firm Morningstar reporting a 70 per cent drop in inflows compared to the year before and the number of new funds launched is down by 60 per cent.