Truist Financial Corporation (TFC) stock forecasts

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ESG (Environmental, Social, Governance) investing continues to grow. BlackRock CEO Lawrence Fink, who oversees about $9 trillion in assets, announced in January 2020 that his firm would invest in companies making progress in sustainability. In his January 2021 letter, he called on company management to announce their plans to make their businesses “compatible with a net-zero economy” by 2050. As assets have flowed in over the past forty years, Sustainable Impact Investing has evolved. The discipline, originally known as Socially Responsible Investing, initially focused on excluding companies doing business in South Africa or participating in industries such as tobacco, alcohol and firearms. The performance of these initial strategies lagged behind and the approach has been adjusted. Rather than simply identifying sectors to avoid, the discipline now promotes ‘sustainable’ business practices across all sectors that can have an ‘impact’ on global issues such as climate, hunger, poverty, disease, shelter and workers’ rights. At Argus Research, we track ESG developments at specific companies as part of our management analysis – one of the six points in our proprietary Six-Point Fundamental Approach. In addition to assessing and measuring the ESG statements of the companies surveyed, we collaborate with an ESG research firm, the JUST Capital Foundation, and also use its analyzes and insights on this topic. JUST Capital’s mission is to drive measurable business change to create a stakeholder-focused, inclusive form of capitalism that reflects the priorities of the American public. JUST uses a combination of data-driven research and strategic engagement in an effort to change norms and practices in American business and financial markets. JUST ESG Custom Ratings ranks stocks in the Russell 1000 based on these criteria on a scale of 1-100. Based on the JUST Capital rankings, we’ve compiled targeted lists of companies, tracked by Argus Research, that are positioned to achieve this.