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By Gianluca D’ALESSIO, Head of Portfolio Management, FARAD I.M.
Environmentally and socially responsible strategies do not guarantee per-se a positive financial performance. Comparative returns analysis has shown that a company particularly attentive to ESG criteria not only has a lower risk of incurring into frauds, scandals, sanctions and reputational damages, but on the long term these companies are being also recognized by investors and by their valuations.
In particular, sustainable investment linked to environmental themes (e.g. renewable energy, circular economy, and Green Bonds) have been able to generate interesting returns, especially following monetary stimuluses implemented by central banks and fiscal-budget supports provided by...
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