Sustainable Investment Skeptics are Becoming Believers
Study finds number of cynics about ESG cut in half since 2017.
Study finds number of cynics about ESG cut in half since 2017.
Fund boosts renewable energy investments 100-fold since 2016.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
Plans returned 1% for quarter, 4.58% for year, says Wilshire Trust Universe Comparison Service.
Guy Opperman insists plan trustees must ensure that investment managers employ ESG tenets.
Environmental groups say CalPERS, CalSTRS, and Colorado PERA missed $19 billion by keeping fossil fuel stocks in their portfolios.