“There’s a growing number of money managers in green finance turning to markets not usually associated with sustainability. Fund bosses in Europe’s North, where climate-friendly investing has gone mainstream, have started looking much further afield to find cheap assets they say will eventually meet their environmental, social and governance goals.”

[COMMENTARY] I remember seeing research that says that stock outperformance is superior in companies who are just beginning to grow in their ESG performance. That is when compared to companies already mature in their ESG development. This might be something that many ethical and sustainable investors might consider.
ESG Investors Turn to Emerging Markets, Defying Skeptics, by Leo Laikola, Hanna Hoikkala, and assistance from Filipe Pacheco, May 17, 2021, Bloomberg, USA.