ESG boosts European Telcos performance
Russell Waller wasn’t sure what to expect when researching the financial merits of ESG investing in the Telecoms sector, but in his latest report he found clear evidence of better TSR for Telco ESG leaders, that those with better Governance (no Government ownership) outperformed, and that ESG can help companies in the sector have lower borrowing costs. Russell shows how the stocks stack up on a variety of ESG ratings and identifies which ones should do well from the next wave of ESG money. His “Climate Champions” include Deutsche Telecom, Telefonica and KPN.
Edition: 124
- 26 November, 2021