ESG & Investing
Goldman Analysis Sheds Light on Rise of Commodities in ESG
- Holdings of fossil-fuel, mining stocks increase in ESG funds
- Sustainable funds also show signs of rebound in net inflows
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The days of equating ESG with the blacklisting of commodities are over, it seems.
In a fresh study, analysts at Goldman Sachs Group Inc. have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG.