57% of Morningstar's ESG indexes outperformed in 2021

Singapore

DESPITE the carbon-intensive energy sector's streak as the best-performing global equity sector in 2021, stocks with their environmental, social and governance (ESG) bases covered have outperformed their non-ESG equivalents in the year, an analysis has found.

In a report on Thursday (Feb 10), investment research company Morningstar said that 66 out of 116, or 57 per cent, of the ESG indexes that it tracks had elicited better returns than their less sustainable counterparts.