Since the global financial crisis in 2008, and in particular the last five years, the investment industry has seen a steep rise in the number of sustainable funds. A study conducted by Jon Hale at Morningstar, Inc., suggests that ESG funds have outperformed their relative peers both before and during the coronavirus-outbreak. This article will assess how listed sustainable equity investments have performed during the first real bear market since the large focus on ESG and sustainability has entered the industry.

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