I'm Angeline on our focus today is E S g investing and our guest is debt left glow Head of Amir Research Definitive leper from global power brokers at WEF Davos to climate change protesters on the streets of London Environmental and social governance, or E.

我是Angeline對我們今天的重點是E S g投資和我們的客人是債務左輝阿米爾研究負責人明確麻風病人從全球權力經紀人在達沃斯世界經濟論壇到氣候變化抗議者在倫敦街頭環境和社會治理，或E。

S.

S.

G is more important than ever on for investors to the latest data supplied by Morningstar showed US sustainable funds, led by BlackRock et efs, drew $51.1 billion in net new deposits in 2020 more than twice the previous record set in 2019.

G比以往任何時候都重要對投資者來說，晨星公司供給的最新數據顯示，以BlackRock et efs為首的美國可持續發展基金在2020年吸引了511億美元的淨新增存款，是2019年創下的紀錄的兩倍多。

But in disease and E.

但在疾病和E。

T.

T.

F s, based on SG investing are surprisingly similar to non SG ones.

基於SG投資的F s與非SG投資的F s驚人地相似。

They hold many or most of the same companies minus naughty stocks such as oil majors, minors on as in this case, luxury brands on their returns can be less than spectacular.

他們持有許多或大多數相同的公司減去調皮的股票，如石油大亨，未成年人在這種情況下，奢侈品牌對他們的回報可以不那麼壯觀。

The stocks European SG 50.

股票歐洲SG50。

While it outperform the stocks, 50 remains about 3% lower than it was the same time last year.

雖然它的表現優於股票，但50指數仍比去年同期低約3%。

So what is the point?

那麼，這有什麼意義呢？

It is clear investors do want SG products, but how do they approach this sector for more on this.

很明顯，投資者確實想要SG產品，但他們如何接觸這個行業，以獲得更多的資訊。

I'm now joined by representatives.

現在加入我的是各位代表。

Debt left glow.

債務左輝。

Thank you so much for joining us, Detlev.

謝謝你加入我們，德特勒夫。

I mean, we know that fund managers to saying that soon yes, you will be mainstream.

我的意思是，我們知道，基金經理說，很快是的，你將成為主流。

But for now, why invest in this sector?

但現在，為什麼要投資這個行業？

If past performance is any indicator, E s G is if you look on it from a broader perspective, like an investment style and therefore sometimes it is superior to other investment funds, and sometimes it's not.

如果說過去的業績是什麼指標的話，E s G是如果你從更廣泛的角度來看，就像一種投資風格，是以有時它比其他投資基金更優秀，有時也不優秀。

So we did a little study on the performance off SG funds with conventional funds over the 19 pandemic in March 2020 on Did actually We saw that?

所以我們做了一個小的研究，在2020年3月的19大疫情中，SG基金與傳統基金的業績關其實我們看到了嗎？

Yes, G funds outperform honest small margin over the first quarter last year, mainly driven by the drop in oil prices.

是的，G基金比去年一季度表現誠實小幅度，主要是受油價下跌的影響。

As you know, yes, we have a little exposure to fossil fuels and therefore they are were less involved in that stuff.

如你所知，是的，我們有一點接觸化石燃料的機會，是以，他們是少參與這些東西。

And this is the big advantage from SG.

而這也是SG的一大優勢。

I mean, if you look over the big crisis we had over the couple off decades a couple of last decades, you see that in the birth off the tech bubble within the financial crisis, they were always companies which were not illegible for E S T investments, and they were not in those funds and had not the downturns from those companies.

我的意思是，如果你看一下我們在過去幾十年的大危機，你會發現，在金融危機中誕生的科技保麗龍，他們總是公司，這不是難以辨認的E S T投資，他們不在這些基金中，也沒有這些公司的下滑。

Now dead love those that are four SG say you know it.

現在死愛那些是四SG說你知道嗎。

Zanno brain.

贊諾腦。

It's good for the planet helps businesses manage risk.

對地球有益，有助於企業管理風險。

Then there are those that are against it saying, You know, it's very difficult.

那麼也有反對的人說，你知道，這是很困難的。

Attn.

Attn.

A moment on bond hinders the investment decisions.

債券上的時刻阻礙了投資決策。

What.

什麼？

The main pitfalls.

主要的陷阱。

Andi.

安迪

Opportunities from investor as you see it.

機會從投資者的角度來看。

Well, as I said before, we see obviously a limit off the investment universe as E.

好吧，就像我之前說的，我們明顯看到了投資宇宙的一個極限，因為E。

S G investing and even harder as awry.

S G投資，更是難如登天。

Investing's a social responsible investing excludes sectors from your investment universe.

投資是一種社會責任投資，不包括你的投資領域。

And if these are the best performing sectors, you obviously have no exposure to it and therefore and under performance to your mainstream or conventional counterparts.

而如果這些是表現最好的板塊，你顯然沒有接觸到它，是以和表現低於你的主流或傳統同行。

On the other hand side, it's really a chance to use SG data because SG data is a new level off insights you can gain into a company on Do you often see that companies with a low GI score or low e score are doing in long term performance not as good as their counterparts with goods course now?

另一方面，這確實是一個使用SG數據的機會，因為SG數據是一個新的層次，你可以獲得對一個公司的洞察力，你是否經常看到低GI分或低E分的公司在長期業績上不如現在有貨課程的同行？

Yes, G seems to the investor that's not already exposes space.

是的，G在投資者看來，不是已經暴露了空間。

Very nebulous.

很虛無縹緲。

So how would you advise people looking to tackle this sector?

那麼，你會如何建議想要解決這個行業的人？

Well, I would say people should look on the on the sector as they do on every other sector as well, so they need to understand the systematic off the process behind the fund they're choosing either is it is an active, manage or and passive product.

好吧，我想說的是，人們應該看在行業上，因為他們做的每一個其他行業，以及，所以他們需要了解系統的過程背後的基金，他們選擇無論是主動，管理或和被動產品。

So you have to know what you're buying.

所以你要知道你買的是什麼。

And this should be in line with your own values and beliefs to be a successful investment, right?

而這應該是符合你自己的價值觀和信念，才是一個成功的投資吧？

Dad left.

爸爸離開了。

Thank you so much for your time.

非常感謝您的時間。

That was deadlocked.

這就陷入了僵局。

Glow, head of Amir Research at Definitive.

定的阿米爾研究主管Glow。

Now, before I go, here are some of the top stories in the SG space Energy giant Royal Dutch Shell has outlined plans to curb its emissions through rapid growth of low carbon businesses, including biofuels and hydrogen.

現在，在我走之前，以下是SG空間的一些熱門新聞 能源巨頭荷蘭皇家殼牌公司已經概述了通過生物燃料和氫氣等低碳業務的快速增長來遏制其排放的計劃。

It's also set out plans to boost the use of carbon offsets on carbon capture to soak up its emissions.

它還制定了計劃，加強對碳捕獲的碳抵消使用，以吸收其排放量。

The Anglo Dutch company is in the middle of an overhaul and last year pledged to eliminate carbon emissions by 2050.

這家英荷公司正在進行整改，去年承諾到2050年消除碳排放。

The organization representing Europe's carmakers has told the EU that one million e v charging stations are needed in just three years on three million by 2029.

代表歐洲汽車製造商的組織已經告訴歐盟，在短短三年內需要100萬個e v充電站，到2029年需要300萬個。

The influential European Automobile Manufacturers Association told Brussels that firm targets would give consumers the confidence to switch and help car makers on power grid manufacturers plan ahead on Finally, the world's largest infrastructure investor, Macquarie has raised just shy of $2 billion for its second Global Renewables fund, driven by strong demand from institutional investors in Britain.

有影響力的歐洲汽車製造商協會告訴布魯塞爾，堅定的目標將使消費者有信心切換，並幫助汽車製造商對電網製造商提前規劃最後，世界上最大的基礎設施投資者麥格理已經為其第二隻全球可再生能源基金籌集了近20億美元，這是由英國機構投資者的強勁需求推動的。

On Germany, a new fund will target wind and solar projects in Europe, the United States on the Asia Pacific.

在德國，一個新的基金將瞄準歐洲、美國和亞太地區的風能和太陽能項目。

That's your round up off the E s G sector.

這是你對E S G部門的總結。

I'm Angeline on and this is Reuters.

我是安吉麗娜，這裡是路透社。