BEGIN:VCALENDAR VERSION:2.0 PRODID:gsfo.org BEGIN:VEVENT UID:69e6f0c6b151e DTSTART:20211020T073000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20211020T083000Z LOCATION:Virtual SUMMARY:UNCTAD Sustainable Fund Awards 2021 CLASS:PUBLIC DESCRIPTION:Sustainable funds\, which integrate environmental\, social\, an d corporate governance (ESG) considerations and the Sustainable Developmen t Goals (SDGs) into their asset allocation process\, have grown rapidly in number\, variety and size. UNCTAD estimates that\, today\, there are near ly 4\,000 such funds\, with assets under management of over USD 1.7 trilli on. These sustainability‐oriented funds have become important instrument s for institutional investors to invest in sustainable development\, chann eling billions of dollars into key sectors that are critical for achieving the SDGs.\n\nDespite their rapid growth\, the total assets of sustainable funds account for 3.2% of the entire fund universe\, and most of them are domiciled and invested in developed economies. Meanwhile\, a lack of tran sparency and inconsistency of standards around sustainability labelling ha ve given rise to credibility issues and “ESG washing” concerns.\n\nWin ners\n\nThe 2021 UNCTAD Sustainable Global Fund Award is dedicated to su stainable equity funds\, which represent the largest share of the sustaina ble fund universe by both number of funds and assets under management. Fou r winners were awarded:\n\n\nAegon Global Sustainable Equity Fund\nBaillie Gifford Positive Change Equities Fund\nNew Alternatives Fund A\nSwisscant o (LU) Equity Fund Sustainable Global Climate\n\n\nThe 2021 UNCTAD Sustai nable Emerging Market Fund Award recognizes the achievements and impact o f sustainable equity funds that invest (solely or mainly) in emerging mark ets. Two winners were awarded:\n\n\nMatthews Asia ESG Fund\nStewart Invest ors Global Emerging Markets Sustainability Fund\n\nSustainable funds\, whi ch integrate environmental\, social\, and corporate governance (ESG) consi derations and the Sustainable Development Goals (SDGs) into their asset al location process\, have grown rapidly in number\, variety and size. UNCTAD estimates that\, today\, there are nearly 4\,000 such funds\, with assets under management of over USD 1.7 trillion. These sustainability‐oriente d funds have become important instruments for institutional investors to i nvest in sustainable development\, channeling billions of dollars into key sectors that are critical for achieving the SDGs.\n\nDespite their rapid growth\, the total assets of sustainable funds account for 3.2% of the ent ire fund universe\, and most of them are domiciled and invested in develop ed economies. Meanwhile\, a lack of transparency and inconsistency of stan dards around sustainability labelling have given rise to credibility issue s and “ESG washing” concerns.\n\n<\;h4>\;<\;em>\;<\;strong&g t\;Winners<\;/strong>\;<\;/em>\;<\;/h4>\;\n\nThe 2021&\;nbs p\;<\;strong>\;UNCTAD Sustainable Global Fund Award<\;/strong>\;&a mp\;nbsp\;is dedicated to sustainable equity funds\, which represent the l argest share of the sustainable fund universe by both number of funds and assets under management. Four winners were awarded:\n\n<\;ul>\;\n<\; li>\;Aegon Global Sustainable Equity Fund<\;/li>\;\n<\;li>\;Bail lie Gifford Positive Change Equities Fund<\;/li>\;\n<\;li>\;New Al ternatives Fund A<\;/li>\;\n<\;li>\;Swisscanto (LU) Equity Fund Su stainable Global Climate<\;/li>\;\n<\;/ul>\;\n\nThe 2021&\;nbsp \;<\;strong>\;UNCTAD Sustainable Emerging Market Fund Award<\;/stron g>\;&\;nbsp\;recognizes the achievements and impact of sustainable eq uity funds that invest (solely or mainly) in emerging markets. Two winners were awarded:\n\n<\;ul>\;\n<\;li>\;Matthews Asia ESG Fund<\;/li >\;\n<\;li>\;Stewart Investors Global Emerging Markets Sustainabilit y Fund<\;/li>\;\n<\;/ul>\;\n\n\nView this event on gsfo.org\nhttps ://gsfo.org/event/unctad-sustainable-fund-awards-2021 DTSTAMP:20260421T033638Z END:VEVENT END:VCALENDAR