FYI: When it comes to environmental, social and governance investing with ETFs, financial advisors may use funds that focus on the “e” and the “g,” as those are easy-to-measure financial metrics.
Some advisors may have struggled with understanding the “s” part of ESG criteria, since the success metrics were harder to measure. That’s changing, and it’s giving rise to ETFs with a narrower focus on social principles.
James Lumberg, co-founder and executive vice president of Envestnet, says there are two reasons the ETF industry is starting to see new developments for principles-based investing.
Regards,
Ted
http://www.etf.com/publications/etfr/evolving-principles-changing-space?nopaging=1
