SINGAPORE (Dec 31): There is currently some US$24 trillion ($33 trillion) in sustainable investing — or investment strategies that take into account environmental, social and governance (ESG) standards while earning returns. The amount under management represents nearly one-third of the total value of stocks traded on the world’s major stock exchanges last year. And, by most estimates, this investment field is only going to grow. But it faces challenges, namely how to measure the actual impact that such investments have had, on the environment or the community, for instance.

From a sustainability point of view, the support for the sector has certainly been robust. Most recently, Larry Fink, CEO of the world’s largest asset manager BlackRock, announced that he wanted to be a global powerhouse in sustainable investing. BlackRock recently launched its first ESG bond fund.

Meanwhile, major fund houses Standard Life Aberdeen, Columbia Threadneedle Investments and AllianceBernstein Holding have teamed up with The Big Issue, a magazine sold by homeless people. Together, they are building a blockchain-enabled platform to offer 30 to 40 impact funds to investors.

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