Sustainable investment seen gaining momentum

LONDON (Reuters) – Investing in socially and environmentally responsible companies or sectors which tackle climate change or resource scarcity is gaining momentum as it offers a unique diversifying opportunity, fund manager RCM says. Sustainability investment is an approach designed to pick companies which manage environmental, social and governance (ESG) risks.

It also involves firms which focus on environmental and social trends, such as demographics or climate change — a growing investment theme for government-owned institutions such as Norway’s $400-billion-plus sovereign wealth fund.

Reuters