Weekend Argus Saturday

Old Mutual launches ESG rating system for unit trust funds

ESG INVESTING – focusing on environmental, social and governance criteria – is gaining momentum worldwide, with huge implications for how companies, and even governments, operate.

As I have mentioned before in writing on ESG, the movement is especially strong among younger investors, who tend to blame their parents’ generation for global warming, environmental destruction and the alarming rise of inequality in developed nations.

Over and above the moral incentive, there is convincing evidence that investing in sustainable, environmentally friendly,

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