1051 days ago
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.


