As we look into 2021 and beyond, we think global policymaking will be less governed by the latest political victory than by the realities of massive sovereign deficits, shifting demographics, and environmental conditions. COVID-19 has only accelerated this climate of change and the need for prescriptive solutions and investment.
The COVID-19 pandemic has amplified the investment materiality of environmental, social and governance (ESG) factors. In particular, the COVID-19 crisis has shined a spotlight on companies’ social response—the ‘S’ in ESG—toward employees, customers, suppliers and society at large. In our view, companies that manage ESG risks well will be better equipped and more resilient in managing through the current environment and to survive future challenges.
We believe Millennials are reshaping markets and have the potential to impact businesses across sectors and geographies. Millennials are driving a series of trends that will shape tomorrow’s investment opportunities.