African funds with dedicated ESG mandates could hold up to R500bn in JSE-listed equities

African funds with dedicated environmental, social and governance (ESG) mandates could hold JSE-listed equities worth up to R500-billion over the medium term as the focus on sustainability intensifies, a research report by SBG Securities shows. This shows that corporates with strong ESG credentials will be well placed to attract global capital, the Standard Bank Group subsidiary said in a statement on November 26.

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