In the last few years, ESG principles — the idea that environmental, social and governance factors will affect the financial performance of a portfolio — have becoming increasingly prevalent throughout the financial sector.
The rise of ESG investing has been fuelled by client demands and a greater dedication to corporate responsibility. In 2018, the number of members of the UN Principles of Responsible Investment (UNPRI) had reached 1,600, with more than $70tn assets under management, demonstrating its global reach and value.