MARKETS3 October 2026· 9 min
ESG & Sustainable Finance: How Green Criteria Are Reshaping Investment Strategies
With over $30 trillion in ESG assets under management globally, sustainable finance is no longer a niche — it is redefining portfolio construction, risk assessment, and long-term value creation for institutional and retail investors alike.
SOURCES
[1]Global Sustainable Investment Alliance (GSIA) — Global Sustainable Investment Review 2023
[2]Climate Bonds Initiative — Green Bond Market Summary 2023
[3]Morningstar — Global Sustainable Fund Flows Report Q1 2024
[4]PwC — Asset and Wealth Management Revolution: Embracing Exponential Change 2023
[5]IEA — World Energy Investment Report 2024
[6]MSCI Research — ESG Ratings Correlation Study 2022
[7]MIT Sloan Management Review — Aggregate Confusion: The Divergence of ESG Ratings (Berg, Kölbel, Rigobon, 2022)
[8]NYU Stern Center for Sustainable Business — ESG and Financial Performance Meta-Analysis 2021
[9]IFRS Foundation — ISSB Standards IFRS S1 and S2, June 2023
[10]Network for Greening the Financial System (NGFS) — Climate Scenarios for Central Banks and Supervisors 2023
[11]Harvard Business School — The Cost of Capital Effects of ESG Disclosure (2023)