FINSUM + Magnifi: Corporate Earnings Calls Say ESG Is the Talk of the Town

Magnifi in Action: "ESG Funds"

Click on any fund in the chart below to dig deeper.

July 22, 2021

Environmental, social, and governance (ESG) is the well-known splash in the investment world, but there is a new way to quantify it. The investment firm Pimco, which manages $2.2 trillion in assets, analyzed earnings call transcripts for every quarter since May 2005. They found that in 2018 only about 0-1% of calls mentioned ESG, by 2019 that number was at 5%, and in 2021 it climbed to 19%. The exponential growth in ESG is also in financing too, as sustainable investing assets grew by 42% since 2018. Pimco is using this info to invest in ESG firms, moving to overweight green, digital, and forestry and pulp products. They are also remaining cautious of fossil fuels. A combination of the Paris Accord and investors sentiment is fueling the boosted ESG demand.

(New York)

FINSUM + Magnifi: This level of corporate consciousness is good for ESG, it means it's more than just hollow investments, but something boards are moving towards to qualify for ESG funds and bonds.

Other news today: REITs Are the All-In-One Problem Solver for This Market and Are Millennials Buying the Dip? New call-to-action

Magnifi is changing the way we shop for investments, with the world’s first semantic search engine for finance that helps users discover, compare and buy investment products such as ETFs, mutual funds and stocks. As of July 2021, 450,000+ users with $541+ billion in Assets Under Influence, have used Magnifi over 8,800,000 times. Try it for yourself today.

 

This blog is sponsored by Magnifi. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]