Doing Good and Doing Well: Why ESG Matters in Turbulent Times – Evidence from Brazil

Recent evidence from Brazil suggests that [environment, social, and governance] ESG practices may be crucial for publicly-traded companies—especially during extreme events such as the COVID-19 pandemic. This may change the hearts and minds of ESG skeptics.
Global effects of coronavirus
On Thursday, the U.S. stock market closed its worst single-day decline since the 1987 market crash.