Esg investing defined plays in the electric vehicle sector

ESG investing defined plays in the electric vehicle sector benefited from record Q2 delivery numbers at BYD and Tesla. Analysts expect EV-related ESG funds to see NAV growth of 15% in fiscal 2024 due to strong consumer demand and policy grants. The California Air Resources Board (“ CARB ”) is forging ahead in implementing what the Agency now refers to as “the 200s”—the Climate Corporate Data Accountability Act (“ SB 253 ”) and the Climate Related Financial Risk Act (SB 261), as modified by California Senate Bill 219 (“ SB 219 ”). In its public workshop on 2 August 2025, CARB provided key updates on its rulemaking timeline, announcing that a proposed rule will be considered for finalisation at a public hearing in mid-December. CARB expects to propose an initial deadline of 30 June 2026 for SB 253's required Scope 1 and 2 reporting. In the meantime, Staff continue to move forward with regulatory and implementation efforts, including: (i) a proposed concept for “doing business” in California, (ii) opening a public docket to facilitate informal comments on the workshop, (iii) preparation of a preliminary analysis of covered entities under both laws, and (iv) development of proposed Scope 1 and Scope 2 GHG emissions-reporting templates (for SB 253) by the end of September. Meanwhile, SB 253 and 261 survived a requested preliminary injunction in litigation pending in the Central District of California. This litigation success by CARB eliminates one of the few pending obstacles to seeing both laws implemented in 2026. Read more here . By 2020, approximately $35.3 trillion in assets across five of the world’s major markets – Australia & New Zealand, Canada, Europe, Japan and the United States – were invested in accordance with ESG principles, according to data from the Global Sustainability Investment Alliance. This represented a 15% increase over the previous two years. Emerging markets are adopting ESG investing defined at accelerated rates, with Brazil’s B3 exchange launching a new sustainable index. Early data indicates its top 20 components outperformed the MSCI EM by 2.7% in Q