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ETF providers respond as climate debate heats up

ESG funds in Europe gathered nearly $650 million in 2015 – and charities and universities have been the surprise drivers

ESG funds in Europe gathered nearly $650 million in 2015, with charities and universities the surprise drivers
ESG funds in Europe gathered nearly $650 million in 2015, with charities and universities the surprise drivers Photo: Getty Images

In time, 2015 may become known as the year in which the financial services sector in Europe finally took notice of the challenges of climate change.

The year drew to a close with an historic agreement at the United Nations' conference in Paris to limit global warming to less than two degrees celsius compared with pre-industrial levels - an accord many thought impossible.

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