ESG measures the societal and sustainability impact of every business activity. Investors are now looking to responsibly invest in companies that manage their impact on the environment and society at large. To serve this need of investors. We took a look at the Consumer Discretionary industry, to understand the best performers. Read on to learn how industry leaders like BorgWarner Inc, Ulta Beauty Inc, Genuine Parts Company, NVR, AutoZone Inc demonstrate a well-managed company, with low ESG controversy risk.

ESG investors are known for paying close attention to the ecological/environmental, social, and green aspects of a business before investing in it. With climate change an increasingly significant threat to human species, it is natural that more and more people would like to make investments or do business in a way that is sustainable in the long run.

Against an ever changing landscape, alternative data takes on new importance in identifying emerging, economic and market trends that traditionally can be slow or impossible to efficiently contextualize.

The use of alternative ESG data by the institutional investment world is gathering momentum. Factset estimate that some 70% of global investment companies are in the early exploratory stages of understanding how to best utilize the growing opportunity set in alternative ESG data. Most of these professional investors are exploring the value of ESG and sentiment analysis information due to their growing awareness of the value this data can deliver their clients.