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Investing, Sustainability The environment and other aspects of sustainability are becoming top concerns for investment CEOs and their clients. "The year 2019 was one of cataclysmic fire and rain. Wildfires swept across California, the Amazon, and Australia, and storms and floods deluged parts of six continents — a string of natural disasters that scientists say were caused by the changing climate. And in 2020, the COVID-19 pandemic has coursed through the world. Historically, events like these — along with other concerns that are included in what Wall Street calls environmental, social, and governance (ESG) issues — haven’t been a major business concern for most asset and wealth management (AWM) firms....But that’s changing." Article: Investors and Asset Managers Are Chasing a New Shade of Green |