Top quotes from article:
“ESG (Environmental, Social and Governance) investing is no longer merely a vehicle only for so-called socially responsible investors. Increasingly, the process goes to the heart of investing fundamentals.”
According to the B of A report, “ESG is the best measure we’ve found for signaling future risk,” superior to leverage or other risk and quality factors. Moreover, “90 percent of bankruptcies in the S&P 500 between 2005 and 2015 were of companies with poor Environmental and Social scores five years prior to the bankruptcies,” the analysts wrote.
“Because if the goal is to fix the broken food system, as stated by the CEO of Mars, the truth is you can’t fix a broken food system with a broken financial system.”