ESG
- Definition
- Stands for Environmental, Social, and Governance
- The standard for evaluating the environmental, social and governance performance of companies
- Introduced in 2004
- ESG was first introduced in 2004 by United Nations Global Compact（UNGC）and United Nations Environment Programme Finance Initiative（UNEP FI） in their jointly published report “Who Cares Wins”.
ESG Investing
- Definition
- Understanding the investment implications of environmental, social and governance (ESG) factors，and incorporating these factors into investment and ownership decisions
- Promoted in 2006
- Goldman Sachs released a research report in 2006 that integrated environmental, social and governance factors and proposed ESG investing in the investment practices of investment banks, formally clarifying the ESG investing concept.
- Related Concepts
- ESG investment is inextricably linked to responsible investment, sustainable finance, low-carbon finance, climate finance, green finance, etc. that we hear about everyday.