Esg only invests in companies that make positive contributions to society, such as companies that attach importance to labor relations, environmental protection, product safety and quality and human rights; Avoid investing in companies that endanger society, such as tobacco companies, companies that produce alcohol, companies that do not attach importance to labor relations, companies that do not attach importance to environmental protection, and companies that engage in gambling.

Extended data

1, ESG investment fund

ESG is the abbreviation of Environmental, Social and Governance, which is used to measure whether listed companies have enough sense of social responsibility. The past performance data of American mutual funds (similar to domestic Public Offering of Fund) show that when listed companies face their own or market systemic crisis, companies with enough social responsibility can often better resist the crisis of trust, which is reflected in the long-term return of stocks, and they are more stable and have the possibility to beat the market. Because these enterprises have the characteristics of sustainable development, the United States calls the * * * mutual fund that invests in such enterprises ESG fund.

ESG, as an imported product, is not as mature as the mature markets in Europe and America in China. The earliest incorporation of ESG factor into Public Offering of Fund's investment strategy in China can be traced back to "Tianzhi Low-carbon Economy" issued by Tianzhi Fund on June 29th, 2004. Since then, in April 2008, Xingquan Social Responsibility Fund, the first social responsibility investment fund in Xingquan Fund's issuance market, established Xingquan Green Investment Fund on 20 1 1. Since 2020, ESG theme funds have developed particularly rapidly. According to the statistics of Wind ESG Investment Fund, there are currently 160 ESG Investment Funds in China.

2.ESG fund income

The income performance of ESG Fund is remarkable. In recent two or three years, the average income has exceeded 100%. In the past two years, the income of 46 funds has doubled, and the fund with the highest income in the past three years has reached 235%. Compared with the partial stock fund index, the average income of ESG fund has surpassed in all time intervals, which reflects the investment value of ESG fund.

From the comparison of income between ESG300 index and CSI 300, the cumulative yield of ESG300 index from June 20 10 is as high as 2 18%, which greatly exceeds the 99.8% of CSI 300 in the same period, and also proves the investment value of ESG enterprises.

On the whole, the performance and index income of ESG funds are very good, and companies with high ESG scores have stronger ability to continue to operate and face fewer lawsuits and violations. At the same time, carbon neutrality, as an important climate strategic deployment in China, will provide important development opportunities for ESG investment. Therefore, ESG fund has certain investment value and deserves our long-term follow-up attention.