1、 https:/crsreports.congress.gov Updated January 13, 2022Introduction to Financial Services: Environmental, Social, and Governance (ESG) IssuesESG is a widely used acronym for environmental, social, and governance issues. Corporate governanceconcerns about how companies should be managedhas evolved o
2、ver time to include, arguably, a wider array of issues that encompass ESG. Some consider ESG factors to be an integral part of discussions about sustainability. According to one definition, sustainability at the firm level is “an approach that creates long-term shareholder value through managing opp
3、ortunities and risks that derive from economic, environmental and social developments.” Over 4,000 signatories with over $120 trillion in assets under management support Principles for Responsible Investment (PRI), a nongovernmental organization (NGO) that promotes sustainability through ESG. Althou
4、gh the United Nations initiated PRI in 2005, the six principles of responsible investment were launched at the New York Stock Exchange in 2006 with 100 initial signatories. Over the years, as more signatories have joined PRI, they have increasingly asked investment managers to incorporate ESG factor
