ESG will change the Brazilian stock market, says Itaú’s chief economist

In Brazil, investors are also giving more importance to ESG criteria and this will change the stock market in the coming years, assesses Mário Mesquita. This movement should happen as investors “reward” companies with high ESG standards and practices. The share of these sectors in the stock market tends to grow, making the stock market more balanced and less concentrated in a carbon-intensive sector.

Source: Valor Investe