Fostering Long-Termism in Investing.
"Khan, Serafeim, and Yoon (KSY)9: found that portfolios made up of companies with high KLD10 sustainability scores weighted by SASB11 materiality scores outperformed portfolios of companies with low KLD sustainability scores weighted by SASB materiality scores by average annual return gaps ranging from 3.1%/yr. to 8.9%/yr. over 20+year observation periods, depending on the degree of portfolio concentration.12 They observed their results were notably different from the mixed results of previous ESG studies that did not include the materiality dimension."
[COMMENTARY] I’ve used the above quote as a leader to encourage all my readers to read this extraordinarily insightful piece that strongly argues for long-term, participatory, sustainable, and focused investing!
Fostering Long-Termism in Investing, by Keith Ambachtsheer, May 9, 2017, Benefits & Pensions Monitor, Canada.