Goldman’s Patel Says Data Could Be a Revolution in ESG Investing

The video discusses the growing trend of ESG investing and the challenges faced by the asset management industry in obtaining quality ESG data. It highlights the evolving definitions of ESG and the importance of data in potentially revolutionizing the field. The video also emphasizes the need for standards to provide real information to investors, allowing them to evaluate companies based on sustainability and governance, rather than just feel-good factors.

What is the main challenge for the asset management industry regarding ESG investments?

• Need for better data to assess ESG investments

• Difficulty in excluding certain companies

• Overabundance of ESG data

• Lack of interest from investors

Which area within ESG is currently receiving more focus than others?

• Social issues

• Climate change

• Corporate governance

• Employee welfare

Why is governance considered an 'easy' aspect of ESG?

• It is the most profitable aspect

• It is not important

• It is already well-integrated in corporate practices

• It requires less data

What could potentially turn ESG into a revolution?

• More government regulations

• Higher profits from ESG investments

• Increased investment in social issues

• Establishment of reliable data and standards

What is the current issue with the data used to judge companies on ESG criteria?

• It is too detailed

• It is inconsistent and inadequate

• It is only available for large companies

• It is too expensive to obtain