Sustainable funds are outperforming their peers during coronavirus pandemic: BNP Paribas
Investors have been "doubling down" on sustainability over the last quarter — and sustainable funds have actually outperformed the broader marketThat's a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia Pacific at the French bank.outbreak spread globally.
... sustainable investing and ESG investing really is something that everyone should be considering simply because you can have profit and you can also have impact."So in these challenging times, not only are we seeing inflows, but we're seeing actual strong performance," he said. "From my perspective, a lot of that is due to the link around sustainable business practices and actual business resilience, so we're definitely seeing that come through in the data.
"In this way, sustainable investing and ESG investing really is something that everyone should be considering simply because you can have profit and you can also have impact," he said.Increasingly, a strong integration of sustainability practices have come to define whether industry leaders truly have a sustainable business, he said.
But besides investors, anecdotal data shows that consumers are also increasingly starting to put corporate behavior and boards under the spotlight — by potentially shifting consumption and purchase decisions away from companies not looking after their workforce, even though they are doing well, he added.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
New Jersey Holding Its First Drive-In Concert With Southside Johnny and the Asbury JukesPortion of the proceeds will be donated to the New Jersey Pandemic Relief Fund
Weiterlesen »
Russian artist fashions tiny face masks for insects amid COVID outbreakA Russian artist in Siberia has made tiny masks for insects during the coronavirus pandemic.
Weiterlesen »
The Insider’s Guide To Reopening AmericaOur expert advice on how to reopen businesses as safely and responsibly as possible
Weiterlesen »
‘Astoundingly Wasteful’ Pop-Up Corona Cycleways Slammed By U.K. Trucking BodiesThe Road Haulage Association and the Freight Transport Association say they are opposed to creating “pop-up” cycleways for the use of key workers during the coronavirus pandemic.
Weiterlesen »
Ramblin' with AM: If You Won't Do It During a Pandemic
Weiterlesen »
During a pandemic, even the stars settle in for some comfort TV viewing'Tiger King' made a lot of celebrities' lists for TV watching while stuck at home. Others caught up on oldies: 'Mad Men,' anyone? And some went for the laughs.
Weiterlesen »