“For many investors, whether fixed income or equity, the process of integrating ESG factors into their strategies begins with correlating the relevance of each factor to individual industries.”

[COMMENTARY] This is a good knowledge article on applying ‘materiality’ (ESG issues) to corporate profitability and stock returns.
Materiality Matters: The ESG Factors That Count, by  AllianceBernstein, May 22, 2025, Advisor Perspectives. USA.