{"id":25056,"date":"2023-06-01T18:27:07","date_gmt":"2023-06-01T23:27:07","guid":{"rendered":"https:\/\/pdv-a.com\/?p=25056"},"modified":"2023-06-01T18:34:56","modified_gmt":"2023-06-01T23:34:56","slug":"inversion-sostenible-y-rentable-oportunidad-real","status":"publish","type":"post","link":"https:\/\/pdv-a.com\/en\/2023\/inversion-sostenible-y-rentable-oportunidad-real\/","title":{"rendered":"Sustainable and Profitable Investment: A Real Opportunity"},"content":{"rendered":"<p><em>Achieving competitive returns while potentially reducing portfolio risk through sustainable investments. Sustainable and profitable investment is demonstrating its power in the markets. Today, millions of investors take sustainability issues into account when deciding how to allocate their investments.<\/em><\/p>\n<p>Investors not only question a company's carbon footprint, wages and working conditions of its employees, and diversity on its board of directors, among other aspects. They make these investment decisions because data shows that it increasingly makes financial sense.<\/p>\n<p style=\"padding-left: 40px;\">\u00abInvestigadores se\u00f1alan el potencial de obtener mayores rendimientos y reducir el riesgo cuando se incorpora tanto el an\u00e1lisis ambiental, social y de gobernanza (ASG) como el an\u00e1lisis de inversi\u00f3n tradicional en la toma de decisiones\u00bb,<\/p>\n<p style=\"padding-left: 40px;\">\u00abEn el mundo de cambios estructurales en el que nos encontramos hoy, creemos que incorporar las tem\u00e1ticas de inversi\u00f3n sostenible e impacto es una obligaci\u00f3n para los inversores que buscan minimizar el riesgo y crear un potencial de retorno\u00bb.<\/p>\n<p style=\"padding-left: 40px; text-align: right;\">says Anna Snider, Head of Due Diligence at the Office of Principal Investments at Merrill and Bank of America Private Bank.<\/p>\n<h4><strong>The Numbers Speak<\/strong><\/h4>\n<p>In a 2020 study, Hermes Investment Management found that companies with ESG characteristics outperformed, on average, companies without ESG standards (Federated Hermes International, \"ESG Investing: How Covid-19 Accelerated the Social Awakening,\" Q4 2020). <a href=\"https:\/\/www.hermes-investment.com\/uk\/en\/intermediary\/investments\/equity\/global-equity-esg\" target=\"_blank\" rel=\"noopener\">(Federated Hermes International, \u201cESG Investing: How Covid-19 Accelerated the Social Awakening,\u201d Q4 2020.)<\/a><\/p>\n<p>Recently, in the volatile markets of 2022, Morningstar's sustainability index in the United States outperformed its main index, the Morningstar index of large and mid-cap companies in the United States. <a href=\"https:\/\/www.morningstar.es\/es\/news\/148089\/el-rating-de-sostenibilidad-de-morningstar.aspx#:~:text=El%20Rating%20de%20Sostenibilidad%20Morningstar%20es%20una%20medida%20de%20lo,en%20comparaci%C3%B3n%20con%20fondos%20similares.\" target=\"_blank\" rel=\"noopener\">\u00edndice de sostenibilidad de Morningstar<\/a> en Estados Unidos super\u00f3 a su \u00edndice principal, el \u00edndice Morningstar de grandes y medianas empresas en Estados Unidos.<\/p>\n<blockquote>\n<p style=\"padding-left: 80px; text-align: center;\">Morningstar Sustainability Rating (A New Approach for Investors), Morningstar Sustainability Rating for funds, provides investors with a new way to evaluate funds based on the sustainability profile of underlying positions.<\/p>\n<\/blockquote>\n<p>Dado que los desaf\u00edos globales presentan un riesgo considerable para la econom\u00eda y para las empresas individuales, la inversi\u00f3n sostenible tambi\u00e9n puede ayudar a gestionar el riesgo de la cartera, se\u00f1ala Ekaterina Gradovich, analista de Debida Diligencia ASG en la Oficina de Inversiones Principales de Merrill y Bank of America Private Bank. Por ejemplo, dice: \u00abLa transformaci\u00f3n econ\u00f3mica sustancial requerida para la transici\u00f3n energ\u00e9tica y la independencia energ\u00e9tica puede determinar qu\u00e9 empresas se mantendr\u00e1n competitivas y rentables en un futuro no muy lejano\u00bb.<\/p>\n<p>Adem\u00e1s, un marco de inversi\u00f3n sostenible e impacto podr\u00eda ayudar potencialmente a proteger su cartera de empresas cuyos productos o pr\u00e1cticas puedan exponerlos a multas, da\u00f1os reputacionales, dificultades para retener empleados u otros problemas. \u00abEstos factores introducen riesgos que los inversores deben tener en cuenta\u00bb, afirma Gradovich. Seg\u00fan la investigaci\u00f3n global de BofA, de las 17 quiebras entre las empresas del \u00edndice S&amp;P 500 de 2005 a 2015, 15 (90%) involucraron organizaciones con historiales de malos puntajes ambientales y sociales.<\/p>\n<h4><strong>The ABCs of Sustainable Investment<\/strong><\/h4>\n<ul>\n<li><strong>Avoid &#8211; Evitar<\/strong>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Consider strategies that seek to reduce negative social or environmental effects and help manage risk by limiting certain exposures.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Benefit &#8211; Beneficios<\/strong>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Explore strategies that aim to support positive social or environmental practices and enhance the potential for long-term competitive financial returns. For example: Leading companies in energy efficiency metrics.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Contribute &#8211; Contribuci\u00f3n<\/strong>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Look for strategies that seek to promote measurable positive social or environmental outcomes and seek opportunities where impact is intrinsic to financial performance. For example: Social impact bonds.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4><strong>ESG ratings<\/strong><\/h4>\n<p class=\" translation-block\">Critics of the sustainable investment selection system have argued that the numerous ASG rating services claiming to identify the best (or worst) companies from a sustainability perspective vary in quality and lack consistent measurement standards.<\/p>\n<p>\u00abAlguna de las cr\u00edticas son v\u00e1lidas\u00bb, se\u00f1ala Gradovich. \u00abLas calificaciones son tan buenas como los datos subyacentes, y a menudo dependen demasiado del rendimiento pasado sin tener en cuenta hacia d\u00f3nde se dirige una empresa\u00bb, agrega. O pueden ignorar que una empresa \u00abbuena\u00bb en t\u00e9rminos de pr\u00e1cticas ASG tiene un historial financiero deficiente.<\/p>\n<p>Companies that perform well, for example, in social or governance areas but may lag in environmental performance, can still receive high ratings from external data providers.<\/p>\n<p>La creciente demanda ha resultado en el \u00abgreenwashing\u00bb por parte de algunas empresas que afirman tener resultados ambientales o sociales positivos en sus declaraciones corporativas sin transformar su cultura y pr\u00e1cticas de manera significativa. Sin embargo, se\u00f1ala Snider, para mitigar riesgos, \u00ablos reguladores y los gestores de debida diligencia rigurosa exigen una mayor responsabilidad\u00bb. Como resultado, m\u00e1s empresas est\u00e1n proporcionando datos detallados de ASG.<\/p>\n<p><strong>Where We're Headed<\/strong><\/p>\n<p>Alcanzar los objetivos de apoyar el cambio positivo y siostenible y generar retornos financieros requiere m\u00e1s que simplemente seleccionar valores de una de las numerosas listas de calificaciones ASG, advierte Snider. \u00abSi bien las calificaciones pueden ser una herramienta \u00fatil como parte de una evaluaci\u00f3n amplia de empresas o carteras, no deben ser el \u00fanico referente para tomar decisiones de inversi\u00f3n\u00bb, se\u00f1ala. Un an\u00e1lisis exhaustivo del enfoque financiero de cualquier estrategia es primordial.<\/p>\n<p>Cuando su equipo eval\u00faa la estrategia ASG de una inversi\u00f3n, Snider dice: \u00abAdem\u00e1s de nuestra evaluaci\u00f3n fiduciaria de la inversi\u00f3n, observamos la profundidad y consistencia de la integraci\u00f3n de los factores de riesgo y retorno de sostenibilidad por parte del gestor. Nuestro enfoque principal no se centra en las preferencias morales o \u00e9ticas del gestor, sino en las proyecciones econ\u00f3micas e inversionistas prospectivas determinadas por este tipo de an\u00e1lisis\u00bb. Una vez que el equipo est\u00e1 satisfecho de que los fundamentos financieros son s\u00f3lidos, pueden pasar a evaluar el impacto sostenible de la inversi\u00f3n, agrega.<\/p>\n<p><em>\u00abLa inversi\u00f3n sostenible e impacto parece probable que crezca en los pr\u00f3ximos a\u00f1os\u00bb<\/em>, cree Snider, \u00ab<em>y las herramientas utilizadas para medir el desempe\u00f1o ASG seguramente evolucionar\u00e1n y mejorar\u00e1n\u00bb<\/em>. Con ese fin, sugiere que los inversores consideren integrar la inversi\u00f3n sostenible e impacto como parte de una cartera equilibrada y estrat\u00e9gica, \u00abuna que comience con consideraciones personales como metas de inversi\u00f3n generales y el nivel de riesgo con el que se sienta c\u00f3modo\u00bb, agrega.<\/p>\n<blockquote>\n<p style=\"text-align: center;\">\u00abCreemos que los inversores que adopten pr\u00e1cticas de inversi\u00f3n sostenible podr\u00e1n posicionar sus carteras para un posible \u00e9xito a largo plazo\u00bb<\/p>\n<p style=\"text-align: center;\">\u00abLas innovaciones para abordar los desaf\u00edos globales est\u00e1n creando algunas de las mayores oportunidades que veremos en nuestras vidas\u00bb.<\/p>\n<p style=\"text-align: right;\">Snider asserts.<\/p>\n<\/blockquote>\n<p style=\"text-align: left;\">Para obtener m\u00e1s informaci\u00f3n sobre la inversi\u00f3n sostenible e impacto, y formas de considerar su incorporaci\u00f3n en su cartera, lea \u00ab<a href=\"https:\/\/www.inherentgroup.com\/wp-content\/uploads\/2018\/11\/ml_Impact-Investing-the-Performance-Realities-Whitepaper.pdf\" target=\"_blank\" rel=\"noopener\">Impactonomics\u00ae: Performance Realities: Revisited<\/a>\u00bb de la Oficina de Inversiones Principales.<\/p>\n<p class=\" translation-block\">Sustainable and impact investment managers and\/or Environmental, Social, and Governance (ESG) may consider factors beyond traditional financial information when selecting securities, which could result in relative investment performance that differs from other strategies or market benchmarks, depending on whether those sectors or investments are in or out of favor in the market. Additionally, ESG strategies may rely on values-based criteria to eliminate exposures found in similar strategies or market benchmarks, which could also result in differing relative investment performance.<\/p>\n<p>There is no guarantee that investments applying ESG strategies will be successful. There are many factors to consider when choosing an investment portfolio, and ESG data is just one component to consider.<\/p>\n<p>Social impact bonds are a relatively new and evolving investment opportunity that is highly speculative and involves a high degree of risk. An investor may lose all or a substantial portion of their investment.<\/p>\n<h4><strong>References<\/strong><\/h4>\n<p><strong><a href=\"https:\/\/www.imf.org\/en\/Home\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff6600;\">International Monetary Found,\u00a0<\/span><\/a><\/strong><\/p>\n<p><span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.oecd.org\/acerca\/\" target=\"_blank\" rel=\"noopener\">OCDE,\u00a0<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.bancomundial.org\/es\/who-we-are?cid=ECR_GA_worldbank_es_extp_search&amp;s_kwcid=AL!18468!3!609965967285!b!!g!!instituciones%20del%20banco%20mundial&amp;gclid=Cj0KCQjwjryjBhD0ARIsAMLvnF8nZ4WT2HNCA6ZJisFm_ig9m8Sls-1gR5BE0eyabsMAuYpDQnXjIekaAosKEALw_wcB\" target=\"_blank\" rel=\"noopener\">World Bank<\/a><\/strong><\/span><\/p>\n<p><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/avacum.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Online corporate finance<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/pdv-a.com\/en\/\"><strong>Corporate finance advisory<\/strong><\/a><\/span><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Sustainable and profitable investment is showcasing its prowess in the markets. Nowadays, millions of investors take sustainability issues into account when determining how to allocate their investments.<\/p>","protected":false},"author":3,"featured_media":24006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"_joinchat":{"telephone":"+525525338703"},"footnotes":""},"categories":[661,683],"tags":[632,656,597,585,631,177],"class_list":["post-25056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia","category-esg-inversion-sostenible","tag-economia-global","tag-finanzas-sustentables","tag-mercados-financieros","tag-planeacion-financiera","tag-riesgos-financieros","tag-sustentabilidad"],"_links":{"self":[{"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/posts\/25056"}],"collection":[{"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/comments?post=25056"}],"version-history":[{"count":16,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/posts\/25056\/revisions"}],"predecessor-version":[{"id":25072,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/posts\/25056\/revisions\/25072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/media\/24006"}],"wp:attachment":[{"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/media?parent=25056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/categories?post=25056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pdv-a.com\/en\/wp-json\/wp\/v2\/tags?post=25056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}