ESG stocks are set to receive more funding. Are these stocks the future?

The world of sustainable finance is fast expanding. Goldman Sachs plans to issue more than $750billion in sustainable financing, investing and advisory activity by 2030. Other Wall Street banks such as JP Morgan Inc. are already in the race. There’s mounting pressure amongst the private sectors to do more to promote ESG issues.

Goldman Says ESG (Environmental, social and corporate governance) Finance to Become ‘Core Part’ of Strategy - Bloomberg

Many companies and investment banks are expanding to ESG, the trends do suggest that there may be more funding in the ESG domain.

Is ESG the future? Will investing in these give out profitable returns?