2.22.21
Interest in environmental, social and governance (ESG) focused investments is growing in the wake of European Union regulations as well as President Biden’s push for sustainable business, Goldman Sachs analysts report. The report sees “ESG as no longer optional for asset managers.” ESG investing has vastly increased since the beginning of 2020 with the pandemic accelerating investor interest. Analysts predict interest in ESG funds will continue to grow as the U.S. takes more steps to improve integration and regulation.