The demand for common sustainable investment standards has ramped up yet another notch as money flowing into the ESG market continues to add pressure on the sector to consolidate and harmonize ratings and rules. Those inflows are large and growing. “About $68 billion has gone into ESG exchange-traded funds this year, and over $118 billion over the past 12 months,” reports Bloomberg. Globally, close to $2 trillion has been invested in over 4,500 sustainable funds, according to Dimensional Fund Advisors, which represents $637 billion AUM. With those high stakes, a…
