Procurement Magazine - April 2021

Page 6

BIG PICTURE

ESG Investing

Wall Street, New York, USA The term ESG (Environmental, Social, and Corporate Governance ) was first coined in 2005 in a landmark study written by Ivo Knoepfel entitled “Who Cares Wins.” ESG investing saw accelerated growth around 2013- 2014 after studies were published showing that strong corporate sustainability performance is associated with strong financial results. Today, ESG investing is estimated at over $20 trillion in AUM. 6

April 2021


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