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June 15, 2015

Interest surging in ‘sustainable' investments

  • Proponents say companies that score well on ESG — environmental, social and governance issues — are less likely to blow up in scandals or face big regulatory fines.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Sometimes it takes more to be good than just not being bad.

    That's the logic behind a shift within the surging sustainable-investing market. For years, the default way to invest responsibly was simply to ignore the companies and industries that some find distasteful, such as tobacco companies or casino operators. It's still the world's most popular approach, based on total dollars, but a more nuanced approach to sustainable investing is growing even more quickly.


     
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