Sustainable investing experienced a milestone year in 2020. The coronavirus pandemic and its societal impact, the global movement for racial justice, and the ongoing threat of climate change all reinforced the relationship between investing and environmental, social, and governance-related issues. "Stakeholder capitalism” became an increasingly mainstream concept. And investors sent record capital flows to ESG funds, pushing U.S. assets past $250 billion and European assets past EUR 1.1 trillion according to Morningstar data.
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