Sustainable finance's 'real world impact' justifies high cost

‘It is about real-world impact, otherwise it does not justify the costs’

Isabel Baxter
clock • 1 min read

Sustainable finance must be about real-world impact otherwise it does not justify the costs, CCLA Investment Management ESG integration manager Clémence Chatelin says.

Speaking on the NextGen Planners podcast, Chatelin noted that you must look at the non-financial metrics when it comes to ESG. Sustainable finance has to about real-world impact, otherwise it does not justify the costs, she said. "ESG funds are more expensive and there is a reason for that due to the data behind it and the team required to analyse it." The issue with sustainable data is that it is not on equal footing to financial data, according to Chatelin. "You also look at the balance of power," she added. "The social element comes to the workforce itself, are they being pai...

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