ESG Investing Is ‘Soaring.’ What Does It Mean?

As the big UN Climate Conference known as COP27 wraps up in Egypt, a new PwC report found that Investors globally are embracing Environment, Social and Governance (ESG) investing on a massive scale – “seen soaring 84%” to $33.9 trillion by 2026 but what does that mean?

That’s a whopping 21.5% of total assets under management, or more than $1 for every $5 invested. But so what? Is this a temporary trend? What does it mean exactly?

Published by Joan Michelson in Forbes.