Page 32 - CCFA Journal - Third Issue

加中金融
Investment Forum 投资论坛 加中金融

永续投资概览

ESG Investing Overview

Paula Glick, Co-founder of Honeytree Investment

1. ESG 简介

ESG 投资是一种将环境，社会和公司治理（ESG）因素以及传统的基本财务因素纳入投资决策的投资方法。 ESG 投资要素
包括气候变化，人权，员工待遇，社区关系，性别和种族多样性等等。此定义与“负责任投资原则”（PRI），国家负责任
的投资行业协会以及机构和散户投资者等组织使用的定义一致。 ESG 策略几乎被所有类型的投资者使用，从为退休储蓄的
个人投资者到诸如大型公共养老金计划和私募股权公司之类的机构投资者。

本文将探讨 ESG如何成长为投资的主导力量，研究 ESG与财务绩效之间的联系，确定 ESG 投资的驱动力，定义主要的 ESG
投资策略，以及了解 ESG 全球国际标准的最新发展和各类公司的动态。
1. Introduction

ESG investing is an investment approach that incorporates environmental, social and governance (ESG) factors, along with traditional
fundamental financial factors, into investment decision-making. ESG factors include things like climate change, human rights, treatment
of employees, community relations, gender and ethnic diversity, and much more. This definition is consistent with the definitions used
by organizations such as the Principles for Responsible Investment (PRI), national responsible investing industry associations, and
institutional and retail investors. ESG strategies are used by virtually all types of investors, from individual investors saving for
retirement to institutional investors such as large public pension plans and private equity firms.
This article will explore how ESG has grown as a dominant force in investing, examine the connection between ESG and financial
performance, identify the drivers of ESG investing, define the major ESG investment strategies, and identify recent developments in
global international standards for ESG and corporate activity.

CCFA JOURNAL OF FINANCE MARCH 2021
Page 32