◤How ESG investors jolted Foxconn into taking climate action?◢
In recent years, foreign institutional investors have been focusing on the performance of companies in their portfolios in terms of environmental impact, social responsibility, and corporate governance, abbreviated as ESG. These funds do not want to be dragged down by corporate climate sinners. As a result, Taiwanese electronics giant Hon Hai Precision Industry Co. (Foxconn), which used to have poor climate action credentials, recently committed to clear carbon reduction targets. Listed companies and stock investors can no longer ignore the ESG approach.
>> https://bit.ly/2Y4fQSt
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