ESG Market in US Significantly Smaller Than Earlier Thought (2)

The US market for ESG-related products is less than half the size previously reported, according to the main umbrella organization for sustainable investing.

US SIF Foundation said sustainable assets total about $8.4 trillion this year. That’s down from the $17.1 trillion stated two years ago, with the difference largely due to changes in the methodology used to calculate the numbers. Given the research adjustment, comparing the numbers is like equating “apples and pears,” the industry group said.

Still, the huge drop in the US market for assets that take environmental, social and governance factors into account looks set to play ...