On January 2, 2017 Michael Laermann reported in Sustainable Bands that “(t)he ESG ratings industry is in full transition. Driven by demand from institutional investors and the awakening of the retail investment market, asset managers increasingly consider environmental, social and governance (ESG) issues an integral part of their investment approach.”
The article concludes as follows: “Due to the rising interest in ESG issues in the broader investment community, the ESG ratings market is likely to grow and consolidate further, leaving ever-greater attention on the part of the financial world in its wake.”
You may read the article on the Sustainable Brands internet site.