Thomas Spangler, co-founder and executive chairman at CleanBay Renewables, writes for Forbes Business Council on the Environmental, Social, Governance (ESG) revolution.
According to the Global Sustainable Investment Alliance, funding for green projects more than doubled in the U.S. over the past five years. Mainstream portfolio managers increasingly feel pressure to identify and fund worthy environmental, social and corporate governance (ESG) investments. However, they find themselves behind the trend as strategic corporate and private individuals now lead the sustainability charge.