Many ESG (Environmental, Social, and Governance) activities do not create alpha. However, based on over 10 years of Professor Minor’s academic and proprietary research, certain types of ESG can create alpha. In particular,  his research has been operationalized alongside his 3M’s™ approach to identify those investment opportunities that can provide both alpha and ESG. The approach is forward looking, seeking investments that can create alpha and improved ESG in the future, across multiple asset classes.