FYI: More fund managers are incorporating environmental, social, and governance, or ESG, criteria into investment decisions. A record number of sustainable funds launched in 2018, while many existing funds added sustainability or ESG criteria to their prospectuses, according to Morningstar’s Sustainable Funds U.S. Landscape Report. With 35 years of history and $28.5 billion in assets under management, Parnassus is the largest and one of the oldest sustainability-focused U.S. fund managers. As socially responsible investing has become more prevalent, pioneers and major players in the field such as Parnassus have evolved. Looking at Parnassus’ recent initiatives is a good way to gauge where socially responsible investing trends may be heading next.
Regards,
Ted
https://www.morningstar.com/articles/957024/how-one-esg-focused-shop-continues-to-stand-outM*: Parnassus Family Of Funds:
http://quicktake.morningstar.com/fundfamily/parnassus/0C00001YSX/fund-list.aspx