The evidence that sustainability, or ESG, has financial relevance continues to grow. As we look for reasons why sustainability seems to be associated with good performance, risk has emerged from the literature as one of the main contributors.
Transparency can help eliminate gender pay gaps. That’s why Pax urges companies to disclose policies and processes in place to manage pay equity, the results of their pay analyses and strategies to close any identified pay gaps.
The benefits of ESG are not limited to the equity market. In this article, we shed light on how ESG supports high yield credit selection and risk management by illustrating Pax’s approach along with examples.