SINGAPORE (Aug 19): The call for better environmental, social and governance (ESG) practices among businesses is no longer niche or restricted to the echo chamber of a handful of money managers and European pension funds. Globally, impact investing — which weighs financial gains equal to social and environmental impact — is worth half a trillion dollars today. In the first half of this year, net inflow of sustainable funds totalled US$8.9 billion ($12.4 billion), up from US$5.5 billion in the whole of 2018.

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