2020 Equity Financing Specific Risk 
Reynolds Holding
AUGUST 2, 2023
trillion in 2020. trillion in 2020 from $22.8 Investors in firms that emphasize ESG qualities appear to greatly reduce risk and earn returns that exceed those of conventional investments (Derwall et al., According to the Sustainable Investment Forum, the value of U.S. sustainable assets rose from $6.6 trillion in 2016.
Reynolds Holding
FEBRUARY 1, 2023
trillion of volume in 2020 as well as with the five-year average (excluding 2021), and in a sense was the inverse of 2020, which saw a precipitous decline in M&A activity in the first half at the outset of the Covid-19 pandemic, followed by a surge in the second half driven by massive liquidity and low interest rates.
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