Without a doubt, the coronavirus is shaking the financial industry like never before. This is not the first time the world has faced a pandemic of this scale, nor is the first time that policy makers, business leaders and pundits have asked: “Is it different this time around? Are we at a turning point?”
As serious economic consequences of the Covid-19 crisis are affecting businesses unevenly, companies integrating an ESG approach recognised by investors and ESG funds have been more resilient in the recent crisis period.
The world has been caught by surprise: a global pandemic was not among top risks for investors.