The Number of Funds Considering ESG Explodes in 2019
Nearly 500 funds added ESG criteria to their prospectuses for the year.
The number of actively managed funds adding environmental, social, and governance criteria to their prospectuses exploded in 2019. These are not what I consider to be full-fledged sustainable investments. They are otherwise conventional funds that now say they consider ESG factors in their investment process. I call them "ESG Consideration" funds.