Commentary

Millennials to take the lead in ESG revolution

Growing number interested in impact of their investments and role in promoting global issues

Research shows that companies with better environmental, social and governance profiles tend to be able to borrow more cheaply and enjoy higher credit rankings and lower cost of equity capital, says the writer.
Research shows that companies with better environmental, social and governance profiles tend to be able to borrow more cheaply and enjoy higher credit rankings and lower cost of equity capital, says the writer. ST FILE PHOTO
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Millennials, the largest generation in history with an estimated global population in excess of two billion, are clearly a major force to be reckoned with.

They have already brought about big changes to the world we live in, and they will continue to drive changes in many areas.

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A version of this article appeared in the print edition of The Straits Times on May 17, 2021, with the headline Millennials to take the lead in ESG revolution. Subscribe