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Does ESG live up to the hype? In our last update ‘ESG sustainability and the Greta effect’ we discussed how the younger generation were leading the movement towards ethical, social and governance (ESG) investing but that the lack of a standard definition was creating confusion for private and institutional investors. At this point, we are no closer to one definition, but frameworks have emerged. For example, there is the S&P500 ESG Index, the MSCI ESG Index, and the FTSE ESG Index Series.