Most stock funds saw declines due to coronavirus- and energy-related selling during the first quarter, but “do good” funds saw smaller declines than most other types. Funds that practice sustainable, also referred to as ESG, strategies typically base investments on environmental, social and governance criteria. Some exclude specific products or sectors—such as tobacco, arms, fossil fuels or gambling—while others invest in companies that take actions to protect the environment or their workers. The most sophisticated ones include...

Source: Wall Street Journal May 04, 2020 02:15 UTC