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Social investing can often appear to be the poor relation in the environment, social and governance family. In theory, ESG investing covers each issue in equal measure. In practice, investors have tended to focus first on governance risks and more recently on climate change.
“In the past, a lot of companies hadn’t really highlighted social issues as being top of their agenda because they were in industries that were very focused on environmental or governance issues,” says Manjit Jus, global head of ESG research and data at S&P Global.
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