“There is a huge difference between how ‘responsible’, ‘ethical’ and ‘sustainable’ investing is perceived and as an industry we must do more to provide clarity and transparency.”
Tim Morris, independent financial adviser at Russell and Co Financial Advisers, said: “ESG still has its doubters — I still am sceptical about some definitions — yet is definitely here to stay and will continue to evolve.”
Mr Morris said he had increased his clients’ exposure to sustainable equity funds over the past few years and would continue to do so, adding he thought it was too early to say whether ESG funds would ‘outperform’ in the current market downturn.
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