Amana Funds 2023 Impact Report

Environmental, social, and governance (ESG) analysis is a useful framework for understanding operations and informing investment decisions. However, the framework has been politicized and subjected to negative media coverage. To ignore ESG information is to turn one’s back on potentially valuable insights. Whether it be cautioning investors about potential data privacy risks associated with artificial intelligence (AI), alerting analysts to threats that weight-loss drugs pose to food companies, or highlighting opportunities created by the need to address climate change, ESG data is simply business information.

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