Il Cambiamento Climatico e la crescita degli investimenti ESG

The fast development of the idea of "green investment" over the last few years, has been presented as the signal of the increasing request for new standards. This trend reflects the growing demand of investors for the integration, not only of climate-related issues in capital allocation, but also, more broadly, of those related to Environmental, Social and Corporate Governance (ESG). Impacts are spread across various sectors, above all, renewable energy and Climate Change, but also health, safety and community development. Among these new types of investments, this thesis has examined, more in details, the sustainable funds with a focus on how these Green funds have achieved better or, at worst, equal results, both in terms of performance and volatility, than the "traditional"/Non Green ones. The sample considered for these analysis presents sixty funds, thirty of which are sustainable for the Morningstar Sustainability Rating.