Analysts say the coronavirus pandemic presents a strong argument for rebuilding the global economy on sustainability principles. In Japan (above), a new environment, social and governance (ESG) fund raised more than US$3.6 billion in July – the most for a new fund offering in the country in 20 years. Photo: EPA
Coronavirus impact underscores need for sustainable investment, experts say
- Investments in funds based on sustainability principles rose US$70 billion in the April-June period at height of the pandemic
- Pursuit of sustainable operations has been set back in short-run due to funding issues as companies fight for survival, but long-term trend intact
Follow your favourite topic and get notified
Analysts say the coronavirus pandemic presents a strong argument for rebuilding the global economy on sustainability principles. In Japan (above), a new environment, social and governance (ESG) fund raised more than US$3.6 billion in July – the most for a new fund offering in the country in 20 years. Photo: EPA