Applying ESG is essential to fiduciary duty because it highlights that the effect of sustainable and impact strategies on a portfolio will depend upon the asset class, investment style, and especially the skill and expertise of the manager, concluded Cornerstone Capital Group in its global thematic research report.
Sustainable investing in the equity and fixed-income asset classes is fully consistent with fiduciary duty, and investors in these asset classes can and should expect to achieve competitive returns relative to conventional investment vehicles.
To read the full report, click here.