Procurement Magazine April 2021 | Page 6

BIG PICTURE

ESG Investing

Wall Street , New York , USA

The term ESG ( Environmental , Social , and Corporate Governance ) was first coined in 2005 in a landmark study written by Ivo Knoepfel entitled “ Who Cares Wins .” ESG investing saw accelerated growth around 2013- 2014 after studies were published showing that strong corporate sustainability performance is associated with strong financial results . Today , ESG investing is estimated at over $ 20 trillion in AUM .
6 April 2021