Bisnis.com, JAKARTA — EMTK, TLKM, PGEO, firms with high scores in environmental, social, and governance or ESG are gaining ground on the stock market, with some still holding attractive valuations even after recent rallies.
The ESG Leaders Index (IDXESGL), which comprises the top 30 ESG-compliant stocks on the bourse, closed up 0.07% last Friday (22/6) at 151.25. The index has gained 8.49% over the past month and 2.87% year-to-date (YTD), a sharp turnaround from its 4.88% YTD decline at the end of last month.