Assets invested in ESG “best-in-class” firms reached over €585bn ($ 657bn ) by the last eight years , increasing at a compound annual growth rate of 11.9 percent over the end of 2017 , according to The European Commission . He wrote in his recent annual letter to the CEOs of his invested companies that this will be more important “as millennials and even younger generations occupy increasingly senior positions in business.” 21bn European Fund for Strategic Investments has launched a € 21bn European Fund for Strategic Investments and created a sustainable finance expert group to establish a standardised classification system for sustainable economics. The possibility of introducing reductions in the minimum capital requirements of banks investing sustainably, known as the “green supporting factor”, is also under consideration by the European Central Bank .
Assets invested in ESG “best-in-class” firms reached over €585bn ($ 657bn ) by the last eight years , increasing at a compound annual growth rate of 11.9 percent over the end of 2017 , according to The European Commission . 21bn European Fund for Strategic Investments has launched a € 21bn European Fund for Strategic Investments and created a sustainable finance expert group to establish a standardised classification system for sustainable economics. The possibility of introducing reductions in the minimum capital requirements of banks investing sustainably, known as the “green supporting factor”, is also under consideration by the European Central Bank .