Covid-19 prompts a rise in ‘social considerations’ to the forefront of ESG investing

(Opalesque) Fund managers are paying more attention to social considerations, such as labor rights and diversity, than they were prior to the outbreak of coronavirus, said a study. According to BNP Paribas Asset Management (BNPP AM) study on the importance of ESG criteria for investors in the Covid-19 environment, ESG has become an even greater focus for 23% of respondents: 81% of respondents already employ ESG in all or part of their portfolios and a further 16% plan to do so.

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