彭博：ESG2.0—2026展望报告.pdfVIP

ESG2.0

2026Outlook

GettingESGRightIsCrucial

ToIdentifyRisk,Opportunity

Whendoneright,ESGiscriticaltoidentifyingindustry-specificriskandopportunity,

andthemesthatwillshapecompanyfundamentals.BloombergIntelligencesfocus

onfinancialmaterialitycanunearthpotentialsharepriceoutperformanceand

identifykeyESGthemesfor2026likelytoshapecompaniessuchasEaton,

MitsubishiHeavy,andCloudflare.

•ESGEventsCanMoveStockPrices,CreditSpreads:Limitingexposureto

eventriskhelpsreducelosses—forinstance,Equinor’soilspillscapturedinour

MarketMovingNewsmodelsince2016ledtoanaverage-1.1%relativereturn

ontheeventday.

•ESGFundsReach$3TrillionDespiteBacklash:Fundmanagersface

competingrealities,withassetsinlabeledfundssurpassing$3trilliondespite

morethan700fundsdroppingorrevisingESG-relatedtermsintheirnames.

•EmergingThemes:Carboncaptureandstorage,theimplicationsofAI,climate

adaptationandresilience,unintendedpolicyboosts,andtheriseofESGin

emergingandprivatemarketsarekeythemesthatwilldriveinvestments

beyondESG.

Oct.27,2025

Oct.27,2025

Contents

Section1.ExecutiveSummary2

Section2.CatalyststoWatch3

Section3.ESG+AssetTrends4

Section4.PoliticalRegulatoryOutlook7