Today I will reiterate the motivation for the work we are doing on the Code, why you all should be interested in it, and then update you on where we are at with the process and outline the way forward. Why is the work going on?
The fact that constraining the portfolio to fulfil ESG criteria does not penalise its financial performance is not necessarily surprising. Several studies confirm that sustainable investment leads to risk-adjusted returns that are often higher than those achieved using traditional financial models. These findings may be due to a number of reasons.