What is ESG and how has it evolved over time?
ESG stands for Environmental, Social, and Governance, a set of criteria for assessing a company's ethical impact and sustainability. It evolved from socially responsible investing in the early 2000s, initially focusing on excluding companies involved in controversial activities.
Over time, ESG criteria expanded to include comprehensive evaluation of a company's impact on the environment, society, and its governance practices, gaining widespread acceptance in the early 2010s.
For a more in-depth look, check out our blog post.