The Importance of ESG for Family Offices

On a webinar with family offices arranged by a private bank that I was fortunate to be part of in May, one of the topics that came up was how they now review every investment based on risk for environmental or other types of backlash. Basically, is there a risk that this investment could have potentially negative effects on society, the environment or other social costs that could damage our reputation? Those kinds of investments reviews and check list were a clear new trend and very interesting to hear about.