商道融绿 SynTao Green Finance

ESG
  • Definition
    • Stands for Environmental, Social, and Governance
    • The standard for evaluating the environmental, social and governance performance of companies
  • Introduced in the year of 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 the year of 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.