Flows of money into ESG investments have been astounding of late, with huge scrutiny of the ESG standards of investment trusts, funds or products. However, when you scratch the surface of some ESG funds you do not always find what you expect under that nice green paint.
That may be one of the reasons why renewable energy investment companies are proving so popular. According to the Association of Investment companies' database (powered by Morningstar) REI companies are currently trading at almost 15% above their Net Asset Value. Renewable energy companies' core business is generating much needed low carbon electricity: the sun shines, the wind blows, the water flows and solar, wind and hydro assets produce clean and sustainable energy, which is about as ESG as it gets. So if you have busy lives and you are still focusing on making money, not spendin...
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