Online fast fashion retailer, Boohoo Group PLC (BOOH.L), brought tears to the eyes of its shareholders after a Sunday Times investigation in July alleged that a subcontractor of the group was paying less than half of the UK minimum wage to its employees in a sweatshop in Leicester.
read moreWhile the world’s largest pension funds and financial services providers have been allocating capital toward tackling environmental, social, and governance (ESG) issues, private equity (PE) firms have largely lagged behind.
read more2019 was a banner year in the remarkable rise of ESG investing. Morningstar reported that nearly 500 actively traded funds in the United States added ESG language to their prospectuses, up from 50 in 2018.
read moreThe global shift to green is likely to accelerate in the post-COVID-19 world, but this is only symptomatic of a broader trend where Environmental, Social, and Governance (ESG) factors are becoming more critical to businesses’ long-term viability and value.
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