A paler shade of green

Some of the major investment banks have made huge cuts to their ESG research teams, but in the current market with investors still showing an appetite for socially responsible investing, now is the time to boost sustainability research

There has been a lot of noise in recent years about the significance of socially responsible investing (SRI) and the adoption by businesses of environmental, social and governance (ESG) principles. Despite positive indications of proven commitment to a more sustainable future, the turbulent economic environment signifies yet another obstacle for this sector. This is all at a time when investor appetite for green investing is arguably on the rise. Recent cost-cutting measures by companies have seen ESG issues moved to the bottom of the list. Instead, priorities are simplified business mode...