MARKETS1 May 2026· 10 min
ESG & Sustainable Finance: Reshaping Investment Strategies in 2024
With over $35 trillion in ESG assets under management globally, sustainable finance is no longer a niche — it's the new baseline for institutional investors. Here's what the data reveals.
SOURCES
[1]Global Sustainable Investment Alliance (GSIA) — Global Sustainable Investment Review 2023
[2]Morningstar — Sustainable Funds U.S. Landscape Report, Q1 2024
[3]MSCI — ESG Leaders Index Performance Analysis 2015–2023
[4]Berg, Kölbel & Rigobon (2022) — 'Aggregate Confusion: The Divergence of ESG Ratings', Journal of Finance
[5]Climate Bonds Initiative — Green Bond Market Summary 2023
[6]S&P Global Market Intelligence — ESG Downside Protection Analysis, 2020
[7]Preqin — LP Survey on ESG in Private Equity, 2024
[8]Carbon Tracker Initiative — Unburnable Carbon: Stranded Assets Report
[9]IFRS Foundation — ISSB Standards S1 and S2, June 2023
[10]SEC — Goldman Sachs Asset Management ESG Settlement, May 2023
[11]MIT Sloan Management Review — 'The ESG Rating Mirage', 2023