베인은 홈페이지 기능 및 성능 개선을 위해 쿠키를 사용합니다. 이와 관련된 더 많은 정보는 개인정보 메뉴에서 확인하실 수 있습니다. 이 웹사이트를 계속 사용하시면 쿠키 사용에 동의하신 것으로 간주됩니다. 

스냅차트

ESG: More Than an Investment Fad

Several indicators suggest environmental, social and governance (ESG) investing is going mainstream.

스냅차트

ESG: More Than an Investment Fad
en

Social and environmental issues are increasingly affecting consumer behavior and business conditions, and funds are hearing the message. While the level of commitment currently varies—from firms that focus solely on ESG risk mitigation to impact investors—several signs indicate that building ESG factors into investment strategies will soon be the norm.

First, investors are starting to realize that ESG investing isn’t just about doing good for the sake of doing good. In 2019, public top-quartile ESG performers had a significantly higher total enterprise value-to-EBITDA multiple than the average in several sectors, including oil and gas, packaging, paper and transportation.

These are public equities, not private funds or assets. But limited partners (LPs) are starting to make ESG a priority: Sixty-five percent believe ESG will become a standard practice in the next five years. They are also increasingly convinced that ESG investing can pay off by increasing alpha and mitigating risk. Feeling the mounting pressure from LPs, more general partners (GPs) may incorporate ESG factors across the deal life cycle. 

Finally, funds are increasingly linking debt to ESG performance. For instance, in June, EQT announced an ESG-linked subscription credit facility, which incentivizes portfolio companies to meet certain ESG objectives. With a more tangible commitment to environmental and social goals, funds can have meaningful impact while creating financial returns.

Related

Could Covid-19 Open More Doors for ESG Investing?

Environmental, social and governance funds fared better than many of their peers at the start of the pandemic.

Read More

Sustainability Insights

Learn how leading companies go beyond corporate responsibility to make sustainability a source of value.

태그

베인에 궁금하신 점이 있으신가요?

베인은 글로벌 리더들이 중요한 이슈를 해결하고 기회를 놓치지 않도록 지원합니다. 고객사와 협력하여 지속되는 변화와 성과를 창출합니다.