36 days ago • Posted by Martin Boujol
Alphabet was the most commonly held stock by ESG funds
Funds that invest sustainably usually like tech companies, and Alphabet particularly. The information technology sector of the S&P 500 accounts for the largest allocation in most funds, with holdings going between 3.5.% and 37%. Out of the 20 largest funds that invest in ESG studied by MSCI, 12 held Alphabet, making it the most widely held stock with an average weight of 1.9%. The next stocks to be most commonly held were Ecolab, Thermo Fisher Scientific and Microsoft.