P I CT URE S COTTONB R O / PEXEL S
ESG A sustainable way to do business
BY MARTIN HESSE
M
ILLENNIALS have played a big role in the global trend towards more environmentally and socially supportive, sustainable ways of doing business, but there are now multiple drivers behind its increasing momentum. In a presentation on investing based on ESG (environmental, social and governance) criteria at the recent Investment Forum 2021, Claire Hedley, executive director of the alternative investment and manager selection division of Goldman Sachs Asset Management, said the trend towards sustainability was underpinned by humanity’s need to address two of the biggest challenges of our time: climate change and social inequality. Three dynamics are at play, Hedley said. They are:
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