Facebook, Visa among the stocks with high ESG marks — enough to outrun the S&P 500
Monday, October 21, 2019
Companies that improve their environmental, social and governance reputations outperform the S&P 500 — major technology and financial services firms among them.
That’s according to researchers at FactSet, who broke out the S&P 500 into deciles based on ESG improvement scores using Sustainaylitcs ratings and then compared the top decile (e.g. the companies that improved ESG scores the most) to the S&P 500 SPX, +0.54% as a whole.
Source: Marketwatch (link opens in a new window)
- Environment, Finance, Investing
- ESG, sustainable business