New analysis examines the underlying sustainability factors that impacted two distinct measures of financial outcomes: significant drawdowns exceeding 50% of a company’s share price over three years, and stock-specific returns; that is portfolio returns net of traditional financial factors (as captured by the 17 style factors and numerous industry and country factors in MSCI’s Global Equity Model). This table has the details.
Source: MSCI ESG Research. Data as of September 2024. Analysis covers constituents of the MSCI ACWI Investable Market Index (IMI). Analysis of environmental and social key issues from September 2012, analysis of governance key issues from July 2019. The difference in start dates reflects availability of data. Key issues are ranked by their reliability as an indicator, based on the statistical significance of the result.