ESG
The ESG Phenomenon - ETFGI
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The latest developments in and around sustainable investing.
ETFGI
Environmental, social, and governance exchange-traded funds and
products worldwide logged total assets and net inflows of $309
billion and $97 billion, respectively at the end of July. The
figures point to the continued popularity of the ESG space.
ESG ETFs gathered net inflows of $14.93 billion during July,
bringing year-to-date net inflows to a record $97.38 billion
which is much higher than the $37.18 billion gathered at this
point last year and $8 billion more than the $89.07 billion
gathered in all of 2020, according to figures from ETFGI.
Total assets invested in ESG ETFs and ETPs increased by 5.8 per
cent from $292 billion at the end of June 2021.
However, there remain some issues about ESG definitions, the
report said.
“According to PRI, a UN-supported initiative which seeks to
understand the investment implications of ESG issues, 56 per cent
of adopters believe there is a lack of clarity in ESG
definitions,” ETFGI said.