ESG Progress Assessments Need to Focus More on Quality Than Quantity

Currently, roughly 6% of all managed funds in Canada are termed as environmental, social and governance (ESG). In Europe, about 48% of assets under management are classified as sustainable funds, which is a labeling system almost completely similar to ESG.

This disparity seems huge, but Baillie Gifford head of ESG, Catherine Flockhart, believes the quantity of funds and assets is only a fragment of the…

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