The answer is yes according to Regional Director at Sparinvest Luxembourg office, Mikkel Strørup. In the Monday comment in Letzebuerger he argues that ESG and value investing belongs together.
"Longer-term thinking is essentially the core of the investment philosophy, and, therefore, ESG risks (environmental, social and governance) play a natural part of value investing. The commitment to both responsible investment (RI) and value investing focuses not just on how companies perform financially but also on how they behave with regard to the environmental, social and governance risks and opportunities that they face. These ESG issues can impact on financial performance and should be integrated in investment decision-making,” he writes.
Read the full comment here