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After the violent riot that stormed the Capitol last week, companies across finance, technology, and other sectors rushed to address the insurrection and, later, how they would review political donations.
The moves reflect the rise and influence of sustainable investing, or environmental, social, and corporate governance (ESG) investing strategies.
As the responsibility of corporate boards comes under closer watch by ESG-minded analysts and money managers, looking for where reputational and other risks lie, companies don t want to look flat-footed.
It is unknown how long many companies pauses in political giving will last, or whether they will move the needle at all for lawmakers long-term power. But one thing is certain: they are speaking up.
Jean Chia December 16, 2020 10:03
2020 has been much maligned as the year we want to forget. The regrettable events of the year notwithstanding, the year deserves to be recognised for being the harbinger of change and the trigger for the great reset that will mark this decade.
The final weeks of this momentous year has been marked by a welcome boost to market sentiment, riding on the tail of a slew of recent positive vaccine developments; easing uncertainty over the US Presidential election outcomes and rising expectations of a US fiscal package.
Our view is that 2021 will be a year of economic recovery, despite near-term headwinds from surging new Covid-19 cases in some parts of the world and waning global economic momentum. Global central banks remain committed to ultra-loose monetary policy and continued fiscal support for the nascent recovery. These reflationary forces form a conducive backdrop, but investors will need to recognise the new realities caused by significan
December 9, 2020 Simon Robinson, Director – Product Management at Moody’s Analytics
THOUGHT LEADERSHIP Moody s Analytics
The progress of industrial revolutions rarely follows a neat, linear path. Instead, we typically see periodic spikes of innovation, prompted by some external factor, followed by the introduction of standardized manufacturing processes yielding greater productivity and efficiency, and leading to a step change in industry norms. While images of smoking chimneys may not immediately resonate with the concept of ESG investment, there are many parallels. We find ourselves on the cusp of a period of transformation in this area specifically in how ESG investment is managed and supported.