ESG

Most ESG Indices are positive in October; ESG Instruments in GCC oversubscribed

ESG is no longer driven by altruism. As we can see from the table, ESG index has mostly outperformed its parent index in countries like US, Japan and Canada. These attractive returns are luring investors towards instruments and institutions having higher ESG scores. One reason could be that higher ESG rated companies tend to perform well in the long term on account of better governance and are more sustainable. ESG Indices - Performance Source: Refinitiv Not only equities, the issue...

Filling the gap in ESG framework: Saudi Arabia

Saudi Arabia's sovereign wealth fund has asked banks to help it develop an environmental, social and governance (ESG) framework, as per a recent article in Reuters. According to the article, development of ESG framework was likely a precursor for a multibillion dollar bond sale, which would be the Saudi wealth fund's first. ESG has been one of the hottest topics in the world of finance. There is ample demand from investors for ESG compliant instruments but due to lack of...