{"id":14656,"date":"2025-08-26T13:43:37","date_gmt":"2025-08-26T05:43:37","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=14656"},"modified":"2026-10-20T14:42:17","modified_gmt":"2026-10-20T06:42:17","slug":"esg-%e6%8a%95%e8%b3%87%e6%98%af%e4%bb%80%e9%ba%bc%ef%bc%9f2026-%e6%b0%b8%e7%ba%8c%e6%8a%95%e8%b3%87%e6%8c%87%e5%8d%97%ef%bc%9a%e4%b8%80%e7%af%87%e7%9c%8b%e6%87%82-esg-%e6%a6%82%e5%bf%b5%e3%80%81","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=14656","title":{"rendered":"ESG \u6295\u8cc7\u662f\u4ec0\u9ebc\uff1f\u503c\u5f97\u55ce\uff1f\u8207\u50b3\u7d71\u6295\u8cc7\u5831\u916c\u6bd4\u8f03"},"content":{"rendered":"<p class=\"wp-block-paragraph\">\u5f88\u591a\u4eba\u4ee5\u70ba ESG \u6295\u8cc7\u8981\u72a7\u7272\u5831\u916c\uff0c\u5176\u5be6\u4e0d\u7136\uff1a2019 \u5e74\u5230 2026 \u5e74\u4e0a\u534a\u5e74\uff0c\u5168\u7403\u6c38\u7e8c\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\u5831\u916c\u7565\u52dd\u50b3\u7d71\u57fa\u91d1<sup>[1]<\/sup>\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6469\u6839\u58eb\u4e39\u5229\uff08Morgan Stanley\uff09\u7528 Morningstar \u8cc7\u6599\u8ffd\u8e64\u5168\u7403\u7d04 9.9 \u842c\u6a94\u57fa\u91d1\uff0c2018 \u5e74\u5e95\u6295\u5165 100 \u7f8e\u5143\uff0c\u5230 2026 \u5e74 6 \u6708\uff0c\u6c38\u7e8c\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\uff08median\uff09\u6703\u9577\u5230 171 \u7f8e\u5143\uff0c\u50b3\u7d71\u57fa\u91d1\u662f 159 \u7f8e\u5143<sup>[1]<\/sup>\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">ESG \u6295\u8cc7\uff08ESG investing\uff09\u662f\u5728\u8ca1\u52d9\u5206\u6790\u4e4b\u5916\uff0c\u518d\u628a\u4f01\u696d\u7684\u74b0\u5883\uff08Environmental\uff09\u3001\u793e\u6703\uff08Social\uff09\u8207\u516c\u53f8\u6cbb\u7406\uff08Governance\uff09\u8868\u73fe\u7d0d\u5165\u9078\u80a1\u8207\u914d\u7f6e\u7684\u65b9\u6cd5\uff0c\u4e5f\u53eb\u6c38\u7e8c\u6295\u8cc7\uff08sustainable investing\uff09\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u4e0d\u904e\u5b83\u4e5f\u6c92\u6709\u7a69\u8d0f\uff0c\u540c\u4e00\u4efd\u8ffd\u8e64\u88e1 15 \u500b\u534a\u5e74\u5ea6\u6709 4 \u500b\u843d\u5f8c\uff0c2025 \u5e74\u5168\u7403\u6c38\u7e8c\u57fa\u91d1\u66f4\u51fa\u73fe\u6709\u7d00\u9304\u4ee5\u4f86\u7b2c\u4e00\u6b21\u5168\u5e74\u6de8\u6d41\u51fa<sup>[2]<\/sup>\uff08\u9322\u5728\u6d41\u51fa\uff0c\u5831\u916c\u537b\u9084\u4e0d\u5dee\uff0c\u9019\u4ef6\u4e8b\u883b\u6709\u610f\u601d\u7684\uff09\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6240\u4ee5 ESG \u4e0d\u4fdd\u8b49\u5831\u916c\u66f4\u9ad8\uff0c\u4e5f\u4e0d\u5fc5\u7136\u72a7\u7272\u5831\u916c\uff0c\u5b83\u6bd4\u8f03\u50cf\u662f\u5148\u6c7a\u5b9a\u81ea\u5df1\u5728\u610f\u4ec0\u9ebc\uff0c\u518d\u7528\u5206\u6563\u7684\u6307\u6578\u5de5\u5177\u653e\u9032\u6574\u9ad4\u8cc7\u7522\u914d\u7f6e\uff08asset allocation\uff09\u3002<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u95dc\u9375\u6578\u64da<\/th>\n<th>\u503c<\/th>\n<th>\u65e5\u671f<\/th>\n<th>\u4f86\u6e90<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u5168\u7403\u6c38\u7e8c\u57fa\u91d1\u8cc7\u7522<\/td>\n<td>4.24 \u5146\u7f8e\u5143\uff0c\u5360\u5168\u9ad4\u57fa\u91d1 6.1%<\/td>\n<td>2026-06<\/td>\n<td>Morgan Stanley<sup>[1]<\/sup><\/td>\n<\/tr>\n<tr>\n<td>\u6c38\u7e8c\u57fa\u91d1\u4e2d\u4f4d\u6578\u5831\u916c\uff082026 \u4e0a\u534a\u5e74\uff09<\/td>\n<td>+4.9%\uff0c\u50b3\u7d71\u57fa\u91d1 +4.0%<\/td>\n<td>2026-06<\/td>\n<td>Morgan Stanley<sup>[1]<\/sup><\/td>\n<\/tr>\n<tr>\n<td>100 \u7f8e\u5143\u7d2f\u7a4d\u6210\u9577\uff082018-12 \u8d77\uff09<\/td>\n<td>\u6c38\u7e8c 171 \u7f8e\u5143\u3001\u50b3\u7d71 159 \u7f8e\u5143<\/td>\n<td>2026-06<\/td>\n<td>Morgan Stanley<sup>[1]<\/sup><\/td>\n<\/tr>\n<tr>\n<td>2025 \u5168\u5e74\u8cc7\u91d1\u6d41\u5411<\/td>\n<td>\u5168\u7403\u6c38\u7e8c\u57fa\u91d1\u6de8\u6d41\u51fa 840 \u5104\u7f8e\u5143\uff0c\u9996\u6b21\u5168\u5e74\u6de8\u6d41\u51fa<\/td>\n<td>2025-12<\/td>\n<td>Morningstar<sup>[2]<\/sup><\/td>\n<\/tr>\n<tr>\n<td>2026 \u4e0a\u534a\u5e74\u8cc7\u91d1\u6d41\u5411<\/td>\n<td>\u6c38\u7e8c\u57fa\u91d1\u6de8\u6d41\u5165 377 \u5104\u7f8e\u5143\uff08\u671f\u521d\u8cc7\u7522 0.9%\uff09\uff0c\u50b3\u7d71\u57fa\u91d1 2.5%<\/td>\n<td>2026-06<\/td>\n<td>Morgan Stanley<sup>[1]<\/sup><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<h2 class=\"wp-block-heading\">ESG \u6295\u8cc7\u662f\u4ec0\u9ebc\uff1f<\/h2>\n\n<p class=\"wp-block-paragraph\">ESG \u662f\u4e09\u500b\u82f1\u6587\u5b57\u7684\u7e2e\u5beb\uff0c\u5b83\u4e0d\u53d6\u4ee3\u8ca1\u52d9\u5206\u6790\uff0c\u662f\u5728\u71df\u6536\u3001\u7372\u5229\u3001\u4f30\u503c\u4e4b\u5916\uff0c\u591a\u770b\u4e09\u7d44\u975e\u8ca1\u52d9\u7684\u98a8\u96aa\u8207\u6a5f\u6703\u3002<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u9762\u5411<\/th>\n<th>\u770b\u4ec0\u9ebc<\/th>\n<th>\u5e38\u898b\u6307\u6a19<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u74b0\u5883\uff08Environmental\uff09<\/td>\n<td>\u4f01\u696d\u600e\u9ebc\u9762\u5c0d\u6c23\u5019\u8b8a\u9077\u8207\u8cc7\u6e90\u4f7f\u7528<\/td>\n<td>\u78b3\u6392\u653e\u3001\u80fd\u6e90\u6548\u7387\u3001\u6c34\u8cc7\u6e90\u3001\u5ee2\u68c4\u7269\u8207\u6c61\u67d3<\/td>\n<\/tr>\n<tr>\n<td>\u793e\u6703\uff08Social\uff09<\/td>\n<td>\u4f01\u696d\u600e\u9ebc\u5c0d\u5f85\u54e1\u5de5\u3001\u5ba2\u6236\u3001\u4f9b\u61c9\u93c8\u8207\u793e\u5340<\/td>\n<td>\u52de\u5de5\u6b0a\u76ca\u3001\u8077\u5834\u5b89\u5168\u3001\u7522\u54c1\u5b89\u5168\u3001\u8cc7\u6599\u96b1\u79c1\u3001\u591a\u5143\u5171\u878d<\/td>\n<\/tr>\n<tr>\n<td>\u516c\u53f8\u6cbb\u7406\uff08Governance\uff09<\/td>\n<td>\u4f01\u696d\u7531\u8ab0\u7ba1\u3001\u600e\u9ebc\u88ab\u76e3\u7763<\/td>\n<td>\u8463\u4e8b\u6703\u7368\u7acb\u6027\u3001\u9ad8\u968e\u4e3b\u7ba1\u85aa\u916c\u3001\u80a1\u6771\u6b0a\u5229\u3001\u5167\u63a7\u8207\u5546\u696d\u9053\u5fb7<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">ESG \u6295\u8cc7\u5728\u505a\u7684\uff0c\u662f\u8b93\u540c\u4e00\u500b\u6295\u8cc7\u6c7a\u7b56\uff0c\u540c\u6642\u53cd\u6620\u8ca1\u52d9\u98a8\u96aa\u548c\u81ea\u5df1\u7684\u50f9\u503c\u89c0\u3002<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2026\/10\/14656_ESG\u4e09\u9762\u5411\u8207\u8ca1\u52d9\u5206\u6790.png\" alt=\"ESG \u6295\u8cc7\u793a\u610f\uff1a\u8ca1\u52d9\u5206\u6790\uff08\u71df\u6536\u3001\u7372\u5229\u3001\u4f30\u503c\uff09\u52a0\u4e0a\u74b0\u5883\u3001\u793e\u6703\u3001\u516c\u53f8\u6cbb\u7406\u4e09\u7d44\u975e\u8ca1\u52d9\u56e0\u7d20\uff0c\u4e00\u8d77\u7d0d\u5165\u9078\u80a1\u8207\u914d\u7f6e\u6c7a\u7b56\"\/><figcaption class=\"wp-element-caption\">\u8cc7\u6599\u4f86\u6e90\uff1a\u963f\u723e\u767c\u6295\u8cc7\u7814\u7a76\u5718\u968a\u6574\u7406<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">\u5b83\u7684\u524d\u8eab\u662f\u793e\u6703\u8cac\u4efb\u6295\u8cc7\uff08Socially Responsible Investing\uff0cSRI\uff09\uff0c\u65e9\u671f\u591a\u534a\u662f\u6392\u9664\u83f8\u9152\u3001\u6b66\u5668\u9019\u985e\u7522\u696d\uff0c\u73fe\u5728\u5247\u5ef6\u4f38\u6210\u628a ESG \u8cc7\u6599\u6574\u5408\u9032\u98a8\u96aa\u8a55\u4f30\uff0c\u6216\u662f\u7528\u80a1\u6771\u8eab\u5206\u4e3b\u52d5\u63a8\u52d5\u4f01\u696d\u6539\u5584\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">ESG \u5206\u6578\u591a\u534a\u7531\u7b2c\u4e09\u65b9\u8a55\u7d1a\u6a5f\u69cb\uff08rating agency\uff09\u7d66\u51fa\uff0c\u4f8b\u5982 MSCI\u3001Sustainalytics\uff0c\u5404\u5bb6\u65b9\u6cd5\u8207\u6b0a\u91cd\u4e0d\u540c\uff0c\u540c\u4e00\u5bb6\u516c\u53f8\u5728\u4e0d\u540c\u6a5f\u69cb\u53ef\u80fd\u62ff\u5230\u5dee\u8ddd\u5f88\u5927\u7684\u5206\u6578\uff08\u9019\u4e5f\u662f ESG \u6700\u5e38\u88ab\u6279\u8a55\u7684\u5730\u65b9\uff09\u3002<\/p>\n\n<h3 class=\"wp-block-heading\">ESG \u6295\u8cc7\u6982\u5ff5\uff1a\u70ba\u4ec0\u9ebc\u6703\u6210\u70ba\u4e3b\u6d41\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">ESG \u5f9e\u5c0f\u773e\u7406\u5ff5\u8d70\u5230\u5168\u7403\u57fa\u91d1 6% \u4ee5\u4e0a\u7684\u898f\u6a21\uff0c\u6211\u89ba\u5f97\u80cc\u5f8c\u662f\u56db\u80a1\u529b\u91cf\u758a\u5728\u4e00\u8d77\uff1a<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e00\u80a1\u662f\u98a8\u96aa\u7ba1\u7406\uff0c\u6975\u7aef\u6c23\u5019\u9020\u6210\u7684\u4f9b\u61c9\u93c8\u4e2d\u65b7\u3001\u52de\u8cc7\u7cfe\u7d1b\u3001\u8ca1\u5831\u5f0a\u6848\uff0c\u90fd\u6703\u76f4\u63a5\u6253\u5230\u80a1\u50f9\uff0c2001 \u5e74\u6069\u9686\u6848\u8207 2008 \u5e74\u91d1\u878d\u6d77\u562f\u4e4b\u5f8c\uff0c\u6295\u8cc7\u4eba\u66f4\u91cd\u8996\u516c\u53f8\u6cbb\u7406\u8207\u9577\u671f\u98a8\u96aa\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e8c\u80a1\u662f\u6cd5\u898f\u63ed\u9732\uff0c\u6b50\u76df\u300a\u6c38\u7e8c\u91d1\u878d\u63ed\u9732\u898f\u7bc4\u300b\uff08Sustainable Finance Disclosure Regulation\uff0cSFDR\uff0c(EU) 2019\/2088\uff092021 \u5e74 3 \u6708\u8d77\u65bd\u884c\uff0c\u7d30\u90e8\u6280\u8853\u6a19\u6e96\uff08RTS\uff092023 \u5e74 1 \u6708\u4e0a\u8def\uff0c\u57fa\u91d1\u8981\u6a19\u793a\u662f\u5426\u5177\u6c38\u7e8c\u76ee\u6a19\uff08\u7b2c 8 \u689d\u3001\u7b2c 9 \u689d\u57fa\u91d1\uff09<sup>[1][5][6]<\/sup>\uff0c\u53f0\u7063\u91d1\u7ba1\u6703\u4e5f\u5c0d\u540d\u7a31\u542b ESG \u7684\u57fa\u91d1\u8a02\u6709\u8cc7\u8a0a\u63ed\u9732\u8981\u6c42\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e09\u80a1\u662f\u4e16\u4ee3\u50f9\u503c\u89c0\uff0c\u5e74\u8f15\u4e16\u4ee3\u66f4\u50be\u5411\u628a\u9322\u6295\u7d66\u548c\u81ea\u5df1\u50f9\u503c\u89c0\u4e00\u81f4\u7684\u4f01\u696d\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u56db\u80a1\u662f\u8cc7\u6599\uff0c\u4e0a\u5e02\u516c\u53f8\u6c38\u7e8c\u5831\u544a\u66f8\u666e\u53ca\u4e4b\u5f8c\uff0cESG \u5f9e\u53e3\u865f\u8b8a\u6210\u53ef\u4ee5\u91cf\u5316\u3001\u53ef\u4ee5\u6bd4\u8f03\u7684\u6771\u897f\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u56db\u80a1\u529b\u91cf\u88e1\uff0c\u771f\u6b63\u8b93\u5927\u9322\u9032\u5834\u7684\uff0c\u662f\u524d\u5169\u80a1\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">ESG \u6295\u8cc7\u503c\u5f97\u55ce\uff1f\u6c38\u7e8c\u57fa\u91d1\u8207\u50b3\u7d71\u57fa\u91d1\u5831\u916c\u6bd4\u8f03<\/h2>\n\n<p class=\"wp-block-paragraph\">\u9019\u662f\u88ab\u554f\u5230\u6700\u591a\u6b21\u7684\u554f\u984c\uff0c\u76ee\u524d\u6700\u5b8c\u6574\u7684\u516c\u958b\u9577\u671f\u8ffd\u8e64\uff0c\u662f\u6469\u6839\u58eb\u4e39\u5229\u6c38\u7e8c\u6295\u8cc7\u7814\u7a76\u9662\uff08Morgan Stanley Institute for Sustainable Investing\uff09\u7684\u300aSustainable Reality\u300b\u7cfb\u5217\uff0c\u4ee5 Morningstar \u7684\u6c38\u7e8c\u57fa\u91d1\u5206\u985e\u70ba\u6e96\uff0c\u6bd4\u8f03\u5168\u7403\u7d04 9.9 \u842c\u6a94\u57fa\u91d1\u6bcf\u534a\u5e74\u7684\u4e2d\u4f4d\u6578\u5831\u916c\uff08\u4ee5\u7f8e\u5143\u8a08\uff09\uff0c2019 \u5e74\u8d77\u6bcf\u534a\u5e74\u66f4\u65b0\u4e00\u6b21<sup>[1]<\/sup>\u3002<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u671f\u9593<\/th>\n<th>\u6c38\u7e8c\u57fa\u91d1<\/th>\n<th>\u50b3\u7d71\u57fa\u91d1<\/th>\n<th>\u5dee\u8ddd<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2019 \u4e0a\u534a\u5e74<\/td>\n<td>11.6%<\/td>\n<td>9.9%<\/td>\n<td>+1.6<\/td>\n<\/tr>\n<tr>\n<td>2019 \u4e0b\u534a\u5e74<\/td>\n<td>5.3%<\/td>\n<td>4.5%<\/td>\n<td>+0.8<\/td>\n<\/tr>\n<tr>\n<td>2020 \u4e0a\u534a\u5e74<\/td>\n<td>\u22123.7%<\/td>\n<td>\u22123.5%<\/td>\n<td>\u22120.2<\/td>\n<\/tr>\n<tr>\n<td>2020 \u4e0b\u534a\u5e74<\/td>\n<td>20.1%<\/td>\n<td>18.6%<\/td>\n<td>+1.5<\/td>\n<\/tr>\n<tr>\n<td>2021 \u4e0a\u534a\u5e74<\/td>\n<td>6.8%<\/td>\n<td>5.3%<\/td>\n<td>+1.5<\/td>\n<\/tr>\n<tr>\n<td>2021 \u4e0b\u534a\u5e74<\/td>\n<td>0.9%<\/td>\n<td>0.7%<\/td>\n<td>+0.3<\/td>\n<\/tr>\n<tr>\n<td>2022 \u4e0a\u534a\u5e74<\/td>\n<td>\u221220.0%<\/td>\n<td>\u221215.4%<\/td>\n<td>\u22124.6<\/td>\n<\/tr>\n<tr>\n<td>2022 \u4e0b\u534a\u5e74<\/td>\n<td>1.8%<\/td>\n<td>0.4%<\/td>\n<td>+1.4<\/td>\n<\/tr>\n<tr>\n<td>2023 \u4e0a\u534a\u5e74<\/td>\n<td>6.8%<\/td>\n<td>3.9%<\/td>\n<td>+2.9<\/td>\n<\/tr>\n<tr>\n<td>2023 \u4e0b\u534a\u5e74<\/td>\n<td>5.3%<\/td>\n<td>4.7%<\/td>\n<td>+0.7<\/td>\n<\/tr>\n<tr>\n<td>2024 \u4e0a\u534a\u5e74<\/td>\n<td>1.7%<\/td>\n<td>1.2%<\/td>\n<td>+0.5<\/td>\n<\/tr>\n<tr>\n<td>2024 \u4e0b\u534a\u5e74<\/td>\n<td>0.4%<\/td>\n<td>1.7%<\/td>\n<td>\u22121.3<\/td>\n<\/tr>\n<tr>\n<td>2025 \u4e0a\u534a\u5e74<\/td>\n<td>12.6%<\/td>\n<td>9.2%<\/td>\n<td>+3.4<\/td>\n<\/tr>\n<tr>\n<td>2025 \u4e0b\u534a\u5e74<\/td>\n<td>5.3%<\/td>\n<td>5.5%<\/td>\n<td>\u22120.2<\/td>\n<\/tr>\n<tr>\n<td>2026 \u4e0a\u534a\u5e74<\/td>\n<td>4.9%<\/td>\n<td>4.0%<\/td>\n<td>+0.9<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">\u8cc7\u6599\u4f86\u6e90\uff1aMorgan Stanley Institute for Sustainable Investing \u5206\u6790 Morningstar \u8cc7\u6599\uff082026-08-08\uff09<sup>[1]<\/sup>\uff1b\u5dee\u8ddd\u55ae\u4f4d\u70ba\u767e\u5206\u9ede\uff0c\u539f\u5831\u544a\u4ee5\u57fa\u9ede\uff08basis point\uff09\u5217\u793a<\/p>\n\n<p class=\"wp-block-paragraph\">15 \u500b\u534a\u5e74\u5ea6\u7684\u6578\u5b57\uff0c\u6211\u6703\u8b80\u6210\u4e09\u4ef6\u4e8b\uff1a<\/p>\n\n<p class=\"wp-block-paragraph\">\u9577\u671f\u7565\u70ba\u9818\u5148\uff0c\u4f46\u6c92\u6709\u6bcf\u6b21\u90fd\u8d0f\uff0c15 \u500b\u534a\u5e74\u5ea6\u88e1\uff0c\u6c38\u7e8c\u57fa\u91d1 11 \u6b21\u9818\u5148\u30014 \u6b21\u843d\u5f8c\uff0c\u628a\u5404\u671f\u4e2d\u4f4d\u6578\u9023\u4e58\u8d77\u4f86\uff0c2018 \u5e74\u5e95\u7684 100 \u7f8e\u5143\u6703\u9577\u5230 171 \u7f8e\u5143\uff0c\u50b3\u7d71\u57fa\u91d1\u662f 159 \u7f8e\u5143\uff0c\u5dee\u4e86 12 \u7f8e\u5143\uff08171\uff0d159\uff1d12\uff09<sup>[1]<\/sup>\u3002<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2026\/10\/14656_\u6c38\u7e8c\u8207\u50b3\u7d71\u57fa\u91d1\u7d2f\u7a4d\u6210\u9577.png\" alt=\"2018 \u5e74\u5e95\u6295\u5165 100 \u7f8e\u5143\uff0c\u4ee5\u5404\u534a\u5e74\u5ea6\u4e2d\u4f4d\u6578\u5831\u916c\u9023\u4e58\uff0c\u5230 2026 \u5e74 6 \u6708\u6c38\u7e8c\u57fa\u91d1\u9577\u5230 171 \u7f8e\u5143\u3001\u50b3\u7d71\u57fa\u91d1 159 \u7f8e\u5143\uff0c2022 \u4e0a\u534a\u5e74\u5169\u689d\u7dda\u5e7e\u4e4e\u4ea4\u6703\"\/><figcaption class=\"wp-element-caption\">\u8cc7\u6599\u4f86\u6e90\uff1aMorgan Stanley Institute for Sustainable Investing \u5206\u6790 Morningstar \u8cc7\u6599\uff082026-08-08\uff09 [1] \uff1b\u963f\u723e\u767c\u6295\u8cc7\u7814\u7a76\u5718\u968a\u91cd\u88fd<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">\u843d\u5f8c\u7684\u6642\u5019\uff0c\u53ef\u80fd\u843d\u5f8c\u5f88\u591a\uff0c2022 \u4e0a\u534a\u5e74\u80fd\u6e90\u80a1\u5927\u6f32\u3001\u79d1\u6280\u80a1\u5927\u8dcc\uff0c\u6c38\u7e8c\u57fa\u91d1\u56e0\u70ba\u5c11\u78b0\u5316\u77f3\u71c3\u6599\u3001\u504f\u91cd\u79d1\u6280\u8207\u6210\u9577\u80a1\uff0c\u4e2d\u4f4d\u6578\u6bd4\u50b3\u7d71\u57fa\u91d1\u591a\u8dcc 4.6 \u500b\u767e\u5206\u9ede\uff08\u221220.0%\uff0d\uff08\u221215.4%\uff09\uff1d\u22124.6\uff09\u3002<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2026\/10\/14656_\u6c38\u7e8c\u6e1b\u50b3\u7d71\u534a\u5e74\u5ea6\u5dee\u8ddd.png\" alt=\"15 \u500b\u534a\u5e74\u5ea6\u6c38\u7e8c\u57fa\u91d1\u6e1b\u50b3\u7d71\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\u5831\u916c\u5dee\u8ddd\uff1a11 \u6b21\u9818\u5148\u30014 \u6b21\u843d\u5f8c\uff0c2022 \u4e0a\u534a\u5e74\u843d\u5f8c 4.6 \u500b\u767e\u5206\u9ede\u6700\u591a\uff0c2025 \u4e0a\u534a\u5e74\u9818\u5148 3.4 \u500b\u767e\u5206\u9ede\u6700\u591a\"\/><figcaption class=\"wp-element-caption\">\u8cc7\u6599\u4f86\u6e90\uff1aMorgan Stanley Institute for Sustainable Investing \u5206\u6790 Morningstar \u8cc7\u6599\uff082026-08-08\uff09 [1] \uff1b\u963f\u723e\u767c\u6295\u8cc7\u7814\u7a76\u5718\u968a\u91cd\u88fd<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">\u9019\u662f ESG \u7be9\u9078\u5e36\u4f86\u7684\u7522\u696d\u504f\u91cd\uff0c\u8ac7\u4e0d\u4e0a ESG \u672c\u8eab\u7684\u9b54\u6cd5\uff0c\u4e5f\u8ac7\u4e0d\u4e0a\u7f3a\u9677\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u5dee\u8ddd\u591a\u534a\u4f86\u81ea\u8cc7\u7522\u8207\u5730\u5340\u914d\u7f6e\uff0c\u5831\u544a\u6307\u51fa 2026 \u4e0a\u534a\u5e74\u6c38\u7e8c\u57fa\u91d1\u9818\u5148\uff0c\u4e3b\u56e0\u662f\u80a1\u7968\u578b\u6bd4\u91cd\u8f03\u9ad8\uff0856%\uff0c\u50b3\u7d71\u57fa\u91d1 41%\uff09\uff0c\u540c\u671f\u6c38\u7e8c\u50b5\u5238\u57fa\u91d1\u53cd\u800c\u843d\u5f8c\u50b3\u7d71\u50b5\u5238\u57fa\u91d1\u7d04 2.6 \u500b\u767e\u5206\u9ede<sup>[1]<\/sup>\u3002<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>\u6bd4\u8f03 ESG \u8207\u50b3\u7d71\u6295\u8cc7\uff0c\u8981\u5148\u770b\u5169\u8005\u6301\u6709\u7684\u7522\u696d\u3001\u5730\u5340\u8207\u80a1\u50b5\u6bd4\u4f8b\uff0c\u5831\u916c\u5dee\u7570\u5927\u591a\u7531\u9019\u4e9b\u914d\u7f6e\u6c7a\u5b9a\u3002<\/strong><\/p>\n\n<h3 class=\"wp-block-heading\">\u6307\u6578\u5c64\u7d1a\u600e\u9ebc\u770b\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">\u57fa\u91d1\u4e2d\u4f4d\u6578\u6703\u53d7\u5230\u7ba1\u7406\u8cbb\u8207\u7d93\u7406\u4eba\u9078\u80a1\u5f71\u97ff\uff0c\u6240\u4ee5\u6211\u4e5f\u7fd2\u6163\u63db\u500b\u89d2\u5ea6\uff0c\u76f4\u63a5\u770b\u6307\u6578\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">MSCI \u628a\u5168\u7403\u80a1\u5e02\uff08MSCI ACWI\uff09\u4e2d\u5404\u7522\u696d ESG \u8a55\u5206\u524d\u6bb5\u7684\u516c\u53f8\u6311\u51fa\u4f86\uff0c\u7de8\u6210 MSCI ACWI ESG Leaders \u6307\u6578\uff0c\u963f\u723e\u767c\u6295\u8cc7\u7814\u7a76\u5718\u968a\u5728 2021 \u5e74\u6bd4\u8f03\u5169\u8005\u6642\uff0c\u6b77\u53f2\u6de8\u503c\u8d70\u52e2\u8207\u5404\u5e74\u5ea6\u5831\u916c\u90fd\u975e\u5e38\u63a5\u8fd1\uff0c\u5371\u6a5f\u6642\u7684\u6700\u5927\u8dcc\u5e45\u4e5f\u76f8\u5dee\u7121\u5e7e\uff0cESG \u7248\u672c\u53ea\u5728\u53cd\u5f48\u6642\u7a0d\u5feb\u4e00\u4e9b\u3002<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/86-4.jpg\" alt=\"MSCI ACWI \u8207 MSCI ACWI ESG Leaders \u6307\u6578\u6de8\u503c\u8d70\u52e2\u6bd4\u8f03\uff0c\u5169\u689d\u7dda\u9577\u671f\u5927\u81f4\u91cd\u758a\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\">\u5716\uff1aMSCI ACWI \u8207 MSCI ACWI ESG Leaders \u6307\u6578\u6bd4\u8f03\uff08\u8cc7\u6599\u81f3 2021 \u5e74\uff0c\u963f\u723e\u767c\u6295\u8cc7\u7814\u7a76\u5718\u968a\u6574\u7406\uff0c\u8cc7\u6599\u4f86\u6e90 MSCI\uff09<\/p>\n\n<p class=\"wp-block-paragraph\">\u5206\u5730\u5340\u770b\uff0c\u5dee\u7570\u5c31\u6bd4\u8f03\u660e\u986f\u4e86\uff0c\u540c\u4e00\u6b21\u6bd4\u8f03\u88e1\uff0c\u7f8e\u570b\u80a1\u5e02\u52a0\u5165 ESG \u7be9\u9078\u5f8c\u5e74\u5316\u5831\u916c\u7d04\u591a 0.5 \u500b\u767e\u5206\u9ede\uff0c\u570b\u969b\u80a1\u5e02\u7d04\u591a 1 \u500b\u767e\u5206\u9ede\uff0c\u65b0\u8208\u5e02\u5834\u7d04\u591a 3.4 \u500b\u767e\u5206\u9ede\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6211\u89ba\u5f97\u6bd4\u8f03\u5408\u7406\u7684\u89e3\u91cb\u662f\uff0c\u65b0\u8208\u5e02\u5834\u4f01\u696d\u7684\u6cbb\u7406\u843d\u5dee\u5927\uff0cESG \u7be9\u9078\u6bd4\u8f03\u80fd\u907f\u958b\u5730\u96f7\u516c\u53f8\uff0c\u5168\u7403\u5927\u578b\u80a1\u672c\u4f86\u5c31\u591a\u662f\u6cbb\u7406\u6210\u719f\u7684\u4f01\u696d\uff0c\u7be9\u9078\u5e36\u4f86\u7684\u5dee\u7570\u6709\u9650\uff0c\u4e0d\u904e\u9019\u4e9b\u6578\u5b57\u4f9d\u8a55\u7d1a\u6a5f\u69cb\u8207\u671f\u9593\u4e0d\u540c\uff0c\u6703\u6709\u5f88\u5927\u5dee\u7570\uff0c\u53ea\u80fd\u7576\u65b9\u5411\u53c3\u8003\uff08\u63db\u4e00\u5bb6\u8a55\u7d1a\u3001\u63db\u4e00\u6bb5\u671f\u9593\uff0c\u7d50\u8ad6\u53ef\u80fd\u5c31\u4e0d\u4e00\u6a23\uff09\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">ESG \u8207\u50b3\u7d71\u6295\u8cc7\u6bd4\u8f03<\/h2>\n\n<p class=\"wp-block-paragraph\">\u628a\u5169\u8005\u653e\u5728\u4e00\u8d77\u770b\uff0c\u5dee\u5225\u5176\u5be6\u6c92\u6709\u60f3\u50cf\u4e2d\u5927\u3002<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u6bd4\u8f03\u9805\u76ee<\/th>\n<th>\u50b3\u7d71\u6295\u8cc7<\/th>\n<th>ESG \u6295\u8cc7<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u9078\u80a1\u4f9d\u64da<\/td>\n<td>\u8ca1\u52d9\u6307\u6a19\uff1a\u71df\u6536\u3001\u7372\u5229\u3001\u4f30\u503c\u3001\u6210\u9577<\/td>\n<td>\u8ca1\u52d9\u6307\u6a19\uff0b\u74b0\u5883\u3001\u793e\u6703\u3001\u6cbb\u7406\u8868\u73fe<\/td>\n<\/tr>\n<tr>\n<td>\u6295\u8cc7\u7bc4\u570d<\/td>\n<td>\u5168\u5e02\u5834<\/td>\n<td>\u4f9d\u7b56\u7565\u6392\u9664\u6216\u6e1b\u78bc\u90e8\u5206\u7522\u696d\u8207\u516c\u53f8<\/td>\n<\/tr>\n<tr>\n<td>\u7522\u696d\u504f\u91cd<\/td>\n<td>\u8ddf\u8457\u5e02\u5834\u6b0a\u91cd<\/td>\n<td>\u901a\u5e38\u5c11\u80fd\u6e90\u3001\u83f8\u9152\u3001\u8ecd\u5de5\uff0c\u591a\u79d1\u6280\u8207\u91ab\u7642<\/td>\n<\/tr>\n<tr>\n<td>\u5831\u916c\u8868\u73fe<\/td>\n<td>\u5e02\u5834\u5831\u916c<\/td>\n<td>\u9577\u671f\u8207\u5e02\u5834\u63a5\u8fd1\uff0c\u77ed\u671f\u53ef\u80fd\u56e0\u7522\u696d\u504f\u91cd\u660e\u986f\u9818\u5148\u6216\u843d\u5f8c<\/td>\n<\/tr>\n<tr>\n<td>\u8cbb\u7528<\/td>\n<td>\u6307\u6578\u578b\u5de5\u5177\u6700\u4f4e<\/td>\n<td>ESG \u6307\u6578\u578b\u5de5\u5177\u7565\u9ad8\u65bc\u540c\u985e\u5e02\u503c\u578b\uff1b\u4e3b\u52d5\u578b ESG \u57fa\u91d1\u66f4\u9ad8<\/td>\n<\/tr>\n<tr>\n<td>\u9069\u5408\u8ab0<\/td>\n<td>\u53ea\u8ffd\u6c42\u9577\u671f\u5e02\u5834\u5831\u916c\u3001\u6210\u672c\u6700\u4f4e<\/td>\n<td>\u5728\u610f\u6295\u8cc7\u5c0d\u8c61\u7684\u4f5c\u70ba\uff0c\u9858\u610f\u63a5\u53d7\u8207\u5e02\u5834\u6709\u4e9b\u5dee\u8ddd<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">\u5169\u8005\u4e5f\u7528\u4e0d\u8457\u4e8c\u9078\u4e00\uff0c\u5f88\u591a\u6295\u8cc7\u4eba\u628a\u5168\u5e02\u5834\u6307\u6578\u7576\u6838\u5fc3\uff0c\u518d\u4f9d\u50f9\u503c\u89c0\u628a\u90e8\u5206\u8cc7\u91d1\u63db\u6210 ESG \u7248\u672c\uff0c\u540c\u6642\u63a7\u5236\u8cbb\u7528\u8207\u504f\u96e2\u5e02\u5834\u7684\u7a0b\u5ea6\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">ESG \u6295\u8cc7\u7b56\u7565\u6709\u54ea\u4e9b\uff1f<\/h2>\n\n<p class=\"wp-block-paragraph\">ESG \u6c92\u6709\u55ae\u4e00\u65b9\u6cd5\uff0c\u570b\u969b\u4e0a\u5e38\u898b\u7684\u6709\u4e94\u7a2e\u505a\u6cd5\uff0c\u540c\u4e00\u6a94\u57fa\u91d1\u5e38\u5e38\u540c\u6642\u7528\u5230\u5169\u4e09\u7a2e\uff1a<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u7b56\u7565<\/th>\n<th>\u505a\u6cd5<\/th>\n<th>\u512a\u9ede<\/th>\n<th>\u9650\u5236<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u8ca0\u9762\u7be9\u9078\uff08\u6392\u9664\u6cd5\uff0cnegative screening\uff09<\/td>\n<td>\u6392\u9664\u83f8\u8349\u3001\u722d\u8b70\u6b66\u5668\u3001\u71c3\u7164\u3001\u535a\u5f08\u7b49\u7522\u696d<\/td>\n<td>\u898f\u5247\u6e05\u695a\u3001\u5bb9\u6613\u6aa2\u67e5<\/td>\n<td>\u6295\u8cc7\u7bc4\u570d\u8b8a\u5c0f\uff0c\u53ef\u80fd\u932f\u904e\u6b63\u5728\u8f49\u578b\u7684\u516c\u53f8<\/td>\n<\/tr>\n<tr>\n<td>\u6b63\u9762\u7be9\u9078\uff08\u540c\u696d\u6700\u4f73\uff0cbest-in-class\uff09<\/td>\n<td>\u6bcf\u500b\u7522\u696d\u6311 ESG \u8a55\u5206\u524d\u6bb5\u7684\u516c\u53f8<\/td>\n<td>\u4fdd\u7559\u5404\u7522\u696d\u66dd\u96aa\uff0c\u6bd4\u8f03\u8cbc\u8fd1\u5927\u76e4<\/td>\n<td>\u7d50\u679c\u53d6\u6c7a\u65bc\u8a55\u7d1a\u6a5f\u69cb\u7684\u65b9\u6cd5<\/td>\n<\/tr>\n<tr>\n<td>ESG \u6574\u5408\uff08ESG integration\uff09<\/td>\n<td>\u628a ESG \u98a8\u96aa\u7d0d\u5165\u8ca1\u52d9\u5206\u6790\u8207\u4f30\u503c<\/td>\n<td>\u548c\u50b3\u7d71\u5206\u6790\u7d50\u5408\uff0c\u4e0d\u5fc5\u5927\u5e45\u6392\u9664<\/td>\n<td>\u5916\u90e8\u8f03\u96e3\u6aa2\u9a57\u505a\u5230\u591a\u5c11<\/td>\n<\/tr>\n<tr>\n<td>\u8b70\u5408\u8207\u80a1\u6771\u884c\u52d5\uff08engagement\uff09<\/td>\n<td>\u7528\u80a1\u6771\u6295\u7968\u3001\u5c0d\u8a71\u63a8\u52d5\u4f01\u696d\u6539\u5584<\/td>\n<td>\u76f4\u63a5\u5f71\u97ff\u4f01\u696d\u884c\u70ba<\/td>\n<td>\u9700\u8981\u5927\u578b\u6a5f\u69cb\u624d\u6709\u5206\u91cf<\/td>\n<\/tr>\n<tr>\n<td>\u5f71\u97ff\u529b\u6295\u8cc7\uff08impact investing\uff09<\/td>\n<td>\u6295\u8cc7\u6709\u660e\u78ba\u3001\u53ef\u8861\u91cf\u793e\u6703\u6216\u74b0\u5883\u6548\u76ca\u7684\u9805\u76ee<\/td>\n<td>\u76ee\u7684\u6700\u660e\u78ba<\/td>\n<td>\u6a19\u7684\u5c11\u3001\u6d41\u52d5\u6027\u4f4e\uff0c\u5e38\u9700\u5728\u5831\u916c\u6216\u6d41\u52d5\u6027\u4e0a\u8b93\u6b65<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">\u6469\u6839\u58eb\u4e39\u5229\u7d71\u8a08\uff0c\u622a\u81f3 2026 \u5e74 6 \u6708\uff0c\u5168\u7403\u7d04 18.7% \u7684\u57fa\u91d1\u8cc7\u7522\u6392\u9664\u722d\u8b70\u6b66\u5668\u300114.8% \u6392\u9664\u71c3\u7164\u300113.9% \u6392\u9664\u83f8\u8349\uff0c\u6b50\u6d32\u8a3b\u518a\u7684\u57fa\u91d1\u6bd4\u4f8b\u9060\u9ad8\u65bc\u5317\u7f8e\u8207\u4e9e\u6d32<sup>[1]<\/sup>\uff0c\u6392\u9664\u6cd5\u9084\u662f\u6700\u591a\u4eba\u7528\u7684\u90a3\u4e00\u7a2e\uff0c\u7562\u7adf\u898f\u5247\u6700\u597d\u61c2\uff0c\u4e5f\u6700\u597d\u6aa2\u67e5\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">ESG \u6982\u5ff5\u80a1\u548c ESG ETF \u5dee\u5728\u54ea\uff1f<\/h2>\n\n<p class=\"wp-block-paragraph\">\u60f3\u8981\u300c\u6295\u8cc7 ESG\u300d\uff0c\u5e38\u898b\u7684\u8def\u6709\u5169\u689d\uff0c\u4e00\u689d\u662f\u81ea\u5df1\u6311 ESG \u6982\u5ff5\u80a1\uff0c\u53e6\u4e00\u689d\u662f\u8cb7\u8ffd\u8e64 ESG \u6307\u6578\u7684 ETF\u3002<\/p>\n\n<figure class=\"wp-block-table\"><table>\n<thead>\n<tr>\n<th>\u6bd4\u8f03<\/th>\n<th>ESG \u6982\u5ff5\u80a1\uff08\u81ea\u5df1\u6311\u500b\u80a1\uff09<\/th>\n<th>ESG ETF\uff08\u6307\u6578\u5316\uff09<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\u5206\u6563\u7a0b\u5ea6<\/td>\n<td>\u96c6\u4e2d\u5728\u5c11\u6578\u516c\u53f8<\/td>\n<td>\u4e00\u6b21\u6301\u6709\u6578\u5341\u5230\u6578\u5343\u6a94<\/td>\n<\/tr>\n<tr>\n<td>\u7814\u7a76\u6210\u672c<\/td>\n<td>\u8981\u81ea\u5df1\u770b\u6c38\u7e8c\u5831\u544a\u66f8\u3001\u8a55\u5206\u3001\u8ca1\u5831<\/td>\n<td>\u7531\u6307\u6578\u898f\u5247\u7be9\u9078<\/td>\n<\/tr>\n<tr>\n<td>\u8a55\u5206\u4f9d\u64da<\/td>\n<td>\u81ea\u5df1\u5224\u65b7\u6216\u53c3\u8003\u55ae\u4e00\u8a55\u7d1a<\/td>\n<td>\u6307\u6578\u516c\u53f8\u516c\u958b\u7684\u65b9\u6cd5<\/td>\n<\/tr>\n<tr>\n<td>\u98a8\u96aa<\/td>\n<td>\u500b\u80a1\u4e8b\u4ef6\u3001\u6f02\u7da0\u722d\u8b70\u5f71\u97ff\u5927<\/td>\n<td>\u4e3b\u8981\u662f\u7522\u696d\u504f\u91cd\u9020\u6210\u7684\u8ffd\u8e64\u5dee\u7570<\/td>\n<\/tr>\n<tr>\n<td>\u8cbb\u7528<\/td>\n<td>\u4ea4\u6613\u624b\u7e8c\u8cbb<\/td>\n<td>\u5167\u6263\u8cbb\u7528\uff0b\u4ea4\u6613\u624b\u7e8c\u8cbb<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n<p class=\"wp-block-paragraph\">ESG \u6982\u5ff5\u80a1\u7684\u6ce2\u52d5\u5e38\u5e38\u6bd4\u5927\u76e4\u5927\uff0c\u984c\u6750\u71b1\u7684\u6642\u5019\u4f30\u503c\u4e5f\u504f\u9ad8\uff0c\u6240\u4ee5\u5c0d\u591a\u6578\u4eba\u4f86\u8aaa\uff0cESG \u7528\u4e0d\u8457\u8b8a\u6210\u96c6\u4e2d\u62bc\u6ce8\u5c11\u6578\u300c\u7da0\u8272\u660e\u661f\u80a1\u300d\uff0c\u7528\u6307\u6578\u5316\uff08indexing\uff09\u5de5\u5177\u505a\u5206\u6563\uff0c\u518d\u63a7\u5236\u5b83\u5728\u6574\u9ad4\u8cc7\u7522\u4e2d\u7684\u6bd4\u91cd\uff0c\u6bd4\u8f03\u7b26\u5408\u9577\u671f\u6295\u8cc7\u7684\u539f\u5247\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6307\u6578\u5316\u6295\u8cc7\u7684\u89c0\u5ff5\u8207\u5de5\u5177\u600e\u9ebc\u6bd4\u8f03\uff0c\u53ef\u4ee5\u63a5\u8457\u770b<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=14700\">\u6307\u6578\u5316\u6295\u8cc7\u6307\u5357\uff1aVT\u3001S&amp;P 500\u30010052 \u5e74\u5316\u5831\u916c\u7387\u5168\u89e3\u6790<\/a>\uff1bETF \u7684\u5167\u6263\u8cbb\u7528\u8207\u624b\u7e8c\u8cbb\u5247\u6574\u7406\u5728<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=14511\">\u5b9a\u671f\u5b9a\u984d ETF \u624b\u7e8c\u8cbb\u6bd4\u8f03<\/a>\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">ESG \u6295\u8cc7\u7684\u597d\u8655\u8207\u9650\u5236<\/h2>\n\n<p class=\"wp-block-paragraph\">\u597d\u8655\u6709\u4e09\u500b\uff1a<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e00\u500b\u662f\u628a\u9577\u671f\u98a8\u96aa\u7d0d\u5165\u8a55\u4f30\uff0c\u6c23\u5019\u3001\u52de\u8cc7\u3001\u6cbb\u7406\u554f\u984c\uff0c\u5f80\u5f80\u5728\u8ca1\u5831\u51fa\u4e8b\u4e4b\u524d\u5c31\u5df2\u7d93\u6709\u8de1\u8c61\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e8c\u500b\u662f\u50f9\u503c\u89c0\u4e00\u81f4\uff0c\u6295\u8cc7\u9664\u4e86\u5831\u916c\uff0c\u4e5f\u53cd\u6620\u4f60\u9858\u610f\u652f\u6301\u4ec0\u9ebc\u6a23\u7684\u4f01\u696d\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e09\u500b\u662f\u53ef\u80fd\u964d\u4f4e\u5c3e\u7aef\u98a8\u96aa\uff08tail risk\uff09\uff0cESG \u8a55\u5206\u9ad8\u7684\u516c\u53f8\u901a\u5e38\u6cbb\u7406\u8f03\u6210\u719f\uff0c\u6bd4\u8f03\u5c11\u767c\u751f\u5f0a\u6848\uff0c\u65b0\u8208\u5e02\u5834\u9019\u985e\u6cbb\u7406\u843d\u5dee\u5927\u7684\u5730\u5340\uff0c\u7be9\u9078\u6548\u679c\u6bd4\u8f03\u660e\u986f\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u9650\u5236\u6bd4\u597d\u8655\u591a\uff0c\u6709\u4e94\u500b\uff1a<\/p>\n\n<p class=\"wp-block-paragraph\">\u8a55\u5206\u4e0d\u4e00\u81f4\uff0cMSCI\u3001Sustainalytics \u7b49\u6a5f\u69cb\u7684\u65b9\u6cd5\u4e0d\u540c\uff0c\u540c\u4e00\u5bb6\u516c\u53f8\u53ef\u80fd\u88ab\u8a55\u70ba\u9818\u5148\u8005\uff0c\u4e5f\u53ef\u80fd\u88ab\u8a55\u70ba\u843d\u5f8c\u8005\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6f02\u7da0\uff08greenwashing\uff09\uff0c\u4e5f\u5c31\u662f\u4f01\u696d\u6216\u57fa\u91d1\u8a87\u5927\u81ea\u5df1\u7684\u6c38\u7e8c\u4f5c\u70ba\uff0c\u6b50\u76df SFDR \u8207\u5404\u570b\u76e3\u7ba1\u6a5f\u95dc\u7684\u63ed\u9732\u8981\u6c42\uff0c\u5c31\u662f\u70ba\u4e86\u964d\u4f4e\u9019\u500b\u554f\u984c\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7522\u696d\u504f\u91cd\uff0c\u6392\u9664\u80fd\u6e90\u3001\u8ecd\u5de5\u7b49\u7522\u696d\uff0c\u6703\u8b93\u5831\u916c\u5728\u67d0\u4e9b\u5e74\u4efd\u660e\u986f\u504f\u96e2\u5927\u76e4\uff0c\u4f8b\u5982 2022 \u4e0a\u534a\u5e74\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u8cbb\u7528\u8f03\u9ad8\uff0c\u90e8\u5206 ESG \u57fa\u91d1\u7684\u5167\u6263\u8cbb\u7528\uff08expense ratio\uff09\u9ad8\u65bc\u540c\u985e\u5e02\u503c\u578b\u5de5\u5177\uff0c\u6642\u9593\u62c9\u9577\uff0c\u8cbb\u7528\u5dee\u8ddd\u6703\u7d2f\u7a4d\u6210\u660e\u986f\u7684\u5831\u916c\u5dee\u8ddd\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u5f71\u97ff\u529b\u6709\u9650\uff0c\u5728\u6b21\u7d1a\u5e02\u5834\uff08secondary market\uff09\u8cb7\u80a1\u7968\uff0c\u9322\u662f\u4ed8\u7d66\u8ce3\u65b9\uff0c\u6c92\u6709\u4ed8\u5230\u516c\u53f8\u624b\u4e0a\uff0c\u60f3\u771f\u6b63\u5f71\u97ff\u4f01\u696d\uff0c\u8b70\u5408\u8207\u6295\u7968\u7684\u4f5c\u7528\u901a\u5e38\u6bd4\u55ae\u7d14\u8cb7\u8ce3\u5927\uff08\u9019\u9ede\u5e38\u88ab\u5ffd\u7565\uff09\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u9019\u5e7e\u9ede\u4e5f\u662f Dimensional\uff08DFA\uff09\u300a\u6c38\u7e8c\u6295\u8cc7 12 \u9805\u539f\u5247\u300b\uff0812 Principles of Sustainable Investing\uff09\u53cd\u8986\u63d0\u9192\u7684\uff0c\u5148\u91d0\u6e05\u81ea\u5df1\u6700\u5728\u610f\u7684\u4e00\u5169\u500b\u8b70\u984c\uff0c\u7dad\u6301\u5ee3\u6cdb\u5206\u6563\uff0c\u4e26\u7b97\u6e05\u695a\u9858\u610f\u70ba\u50f9\u503c\u89c0\u8b93\u51fa\u591a\u5c11\u6210\u672c\u8207\u5831\u916c<sup>[3]<\/sup>\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">\u600e\u9ebc\u958b\u59cb ESG \u6295\u8cc7\uff1f<\/h2>\n\n<p class=\"wp-block-paragraph\">\u5982\u679c\u8981\u958b\u59cb\uff0c\u6211\u6703\u7167\u9019\u56db\u6b65\u60f3\uff1a<\/p>\n\n<ol class=\"wp-block-list\">\n<li>\u5148\u6c7a\u5b9a\u5728\u610f\u4ec0\u9ebc\uff0c\u662f\u6392\u9664\u7279\u5b9a\u7522\u696d\uff0c\u9084\u662f\u6574\u9ad4 ESG \u8a55\u5206\u8f03\u597d\uff0c\u76ee\u6a19\u8d8a\u6e05\u695a\uff0c\u8d8a\u5bb9\u6613\u5224\u65b7\u4e00\u6a94\u57fa\u91d1\u7b26\u4e0d\u7b26\u5408<\/li>\n<li>\u78ba\u8a8d\u8cc7\u7522\u914d\u7f6e\uff0cESG \u8655\u7406\u7684\u662f\u300c\u9078\u4ec0\u9ebc\u6a19\u7684\u300d\uff0c\u80a1\u50b5\u6bd4\u4f8b\u3001\u5730\u5340\u5206\u6563\u624d\u6c7a\u5b9a\u5927\u90e8\u5206\u7684\u9577\u671f\u5831\u916c\u8207\u98a8\u96aa\uff1b\u9084\u6c92\u60f3\u6e05\u695a\u80a1\u50b5\u600e\u9ebc\u914d\uff0c\u5148\u770b<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=840\">\u8cc7\u7522\u914d\u7f6e\u662f\u4ec0\u9ebc\uff1f\u4f9d\u5e74\u9f61\u8207\u6295\u8cc7\u671f\u9593\u7684\u914d\u7f6e\u5c0d\u7167\u8868<\/a><\/li>\n<li>\u770b\u6307\u6578\u65b9\u6cd5\u8207\u8cbb\u7528\uff0c\u8b80\u61c2 ESG \u6307\u6578\u6392\u9664\u4e86\u4ec0\u9ebc\u3001\u600e\u9ebc\u8a55\u5206\uff0c\u518d\u6bd4\u8f03\u5167\u6263\u8cbb\u7528\u8207\u8ffd\u8e64\u8aa4\u5dee\uff08tracking error\uff09<\/li>\n<li>\u63a7\u5236\u6bd4\u91cd\u3001\u5b9a\u671f\u6aa2\u8996\uff0c\u628a ESG \u90e8\u4f4d\u653e\u9032\u6574\u9ad4\u914d\u7f6e\u88e1\u7ba1\u7406\uff0c\u4e0d\u56e0\u55ae\u4e00\u5e74\u5ea6\u8868\u73fe\u8ffd\u9ad8\u6216\u653e\u68c4<\/li>\n<\/ol>\n\n<h2 class=\"wp-block-heading\">\u6211\u7684\u60f3\u6cd5<\/h2>\n\n<p class=\"wp-block-paragraph\">\u6211\u89ba\u5f97 ESG \u6295\u8cc7\u9069\u5408\u5df2\u7d93\u6709\u6574\u9ad4\u8cc7\u7522\u914d\u7f6e\u3001\u53c8\u5728\u610f\u9322\u6295\u7d66\u4ec0\u9ebc\u6a23\u4f01\u696d\u7684\u4eba\uff0c\u7576\u6210\u6838\u5fc3\u4e4b\u5916\u7684\u4e00\u500b\u9078\u64c7\uff0c\u4e0d\u9069\u5408\u62ff\u4f86\u7576\u8ffd\u6c42\u9ad8\u5831\u916c\u7684\u6377\u5f91\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u4e03\u5e74\u534a\u7684\u8cc7\u6599\u770b\u4e0b\u4f86\uff0c\u6c38\u7e8c\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\u8d0f\u5f97\u4e0d\u591a\uff0c\u8f38\u7684\u6642\u5019\u4e5f\u8f38\u5f97\u4e0d\u5c11\uff0c2022 \u4e0a\u534a\u5e74\u90a3\u6b21\u591a\u8dcc\u4e86 4.6 \u500b\u767e\u5206\u9ede<sup>[1]<\/sup>\uff0c\u6211\u89ba\u5f97\u9019\u6bd4\u8f03\u50cf\u662f\u7522\u696d\u914d\u7f6e\u7684\u7d50\u679c\uff0c\u8ddf\u300c\u505a\u597d\u4e8b\u6709\u597d\u5831\u300d\u6c92\u6709\u592a\u5927\u95dc\u4fc2\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u8aaa\u5be6\u5728\uff0cESG \u6700\u96e3\u7684\u5730\u65b9\u5728\u300c\u6bcf\u5bb6\u8a55\u5206\u90fd\u4e0d\u4e00\u6a23\u300d\uff0c\u540c\u4e00\u5bb6\u516c\u53f8\u53ef\u4ee5\u540c\u6642\u662f\u9818\u5148\u8005\u548c\u843d\u5f8c\u8005\uff0c\u6240\u4ee5\u53ea\u770b\u57fa\u91d1\u540d\u5b57\u4e0a\u6709\u6c92\u6709 ESG\uff0c\u610f\u7fa9\u4e0d\u5927\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u6211\u81ea\u5df1\u770b ESG \u57fa\u91d1\u6642\uff0c\u6703\u5148\u770b\u5b83\u6392\u9664\u4e86\u54ea\u4e9b\u7522\u696d\u3001\u8ddf\u5168\u5e02\u5834\u6307\u6578\u7684\u7522\u696d\u6b0a\u91cd\u5dee\u591a\u5c11\uff0c\u518d\u770b\u5167\u6263\u8cbb\u7528\u6bd4\u540c\u985e\u5e02\u503c\u578b\u9ad8\u591a\u5c11\uff0c\u6700\u5f8c\u624d\u770b\u5b83\u7684 ESG \u8a55\u5206\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u7562\u7adf\u50f9\u503c\u89c0\u662f\u81ea\u5df1\u7684\uff0c\u5831\u916c\u548c\u98a8\u96aa\u9084\u662f\u8981\u7b97\u6e05\u695a\u3002<\/p>\n\n<p class=\"wp-block-paragraph\">\u540d\u5b57\u53ef\u4ee5\u5f88\u7da0\uff0c\u6211\u9084\u662f\u5148\u770b\u6301\u80a1\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">\u5e38\u898b\u554f\u984c<\/h2>\n\n<h3 class=\"wp-block-heading\">ESG \u6295\u8cc7\u662f\u4ec0\u9ebc\u610f\u601d\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">ESG \u6295\u8cc7\u662f\u5728\u8ca1\u52d9\u5206\u6790\u4e4b\u5916\uff0c\u4e5f\u8a55\u4f30\u4f01\u696d\u5728\u74b0\u5883\u3001\u793e\u6703\u8207\u516c\u53f8\u6cbb\u7406\u4e09\u65b9\u9762\u7684\u8868\u73fe\uff0c\u4e26\u64da\u6b64\u9078\u64c7\u6216\u6392\u9664\u6295\u8cc7\u6a19\u7684\uff0c\u4e5f\u88ab\u7a31\u70ba\u6c38\u7e8c\u6295\u8cc7\u6216\u8cac\u4efb\u6295\u8cc7\uff08responsible investing\uff09\u3002<\/p>\n\n<h3 class=\"wp-block-heading\">ESG \u6295\u8cc7\u503c\u5f97\u55ce\uff1f\u5831\u916c\u6703\u6bd4\u8f03\u5dee\u55ce\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">\u4f9d\u6469\u6839\u58eb\u4e39\u5229\u8ffd\u8e64 2019 \u5e74\u81f3 2026 \u5e74\u4e0a\u534a\u5e74\u7684\u8cc7\u6599\uff0c\u6c38\u7e8c\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\u5831\u916c\u9577\u671f\u7565\u512a\u65bc\u50b3\u7d71\u57fa\u91d1\uff0c\u4f46 15 \u500b\u534a\u5e74\u5ea6\u88e1\u6709 4 \u6b21\u843d\u5f8c\uff0c2022 \u4e0a\u534a\u5e74\u843d\u5f8c 4.6 \u500b\u767e\u5206\u9ede<sup>[1]<\/sup>\uff1b\u6211\u89ba\u5f97\u5831\u916c\u5dee\u7570\u4e3b\u8981\u4f86\u81ea\u7522\u696d\u8207\u5730\u5340\u914d\u7f6e\uff0c\u904e\u53bb\u7684\u6578\u5b57\u4e5f\u4e0d\u80fd\u4fdd\u8b49\u672a\u4f86\u8868\u73fe\u3002<\/p>\n\n<h3 class=\"wp-block-heading\">ESG \u8207\u50b3\u7d71\u6295\u8cc7\u6700\u5927\u7684\u5dee\u5225\u662f\u4ec0\u9ebc\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">\u50b3\u7d71\u6295\u8cc7\u53ea\u770b\u8ca1\u52d9\u6307\u6a19\uff0cESG \u6295\u8cc7\u591a\u770b\u74b0\u5883\u3001\u793e\u6703\u3001\u6cbb\u7406\uff0c\u4e26\u53ef\u80fd\u6392\u9664\u90e8\u5206\u7522\u696d\uff0c\u6240\u4ee5\u6301\u80a1\u548c\u5927\u76e4\u6703\u6709\u4e9b\u5dee\u7570\uff0c\u9577\u671f\u5831\u916c\u63a5\u8fd1\uff0c\u77ed\u671f\u53ef\u80fd\u56e0\u7522\u696d\u504f\u91cd\u660e\u986f\u4e0d\u540c\u3002<\/p>\n\n<h3 class=\"wp-block-heading\">ESG \u6982\u5ff5\u80a1\u548c ESG ETF \u54ea\u500b\u9069\u5408\u4e00\u822c\u6295\u8cc7\u4eba\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">\u6211\u89ba\u5f97\u591a\u6578\u4eba\u6bd4\u8f03\u9069\u5408\u7528 ESG \u6307\u6578\u5316\u5de5\u5177\u5206\u6563\u6301\u6709\uff0c\u907f\u514d\u96c6\u4e2d\u5728\u5c11\u6578\u984c\u6750\u80a1\uff1b\u81ea\u5df1\u6311\u6982\u5ff5\u80a1\u8981\u7814\u7a76\u6c38\u7e8c\u5831\u544a\u66f8\u8207\u8a55\u7d1a\uff0c\u500b\u80a1\u98a8\u96aa\u4e5f\u6bd4\u8f03\u9ad8\u3002<\/p>\n\n<h3 class=\"wp-block-heading\">\u4ec0\u9ebc\u662f\u6f02\u7da0\uff1f\u600e\u9ebc\u907f\u514d\uff1f<\/h3>\n\n<p class=\"wp-block-paragraph\">\u6f02\u7da0\u662f\u4f01\u696d\u6216\u57fa\u91d1\u8a87\u5927\u81ea\u5df1\u7684\u6c38\u7e8c\u4f5c\u70ba\uff0c\u53ef\u4ee5\u770b\u57fa\u91d1\u6709\u6c92\u6709\u516c\u958b\u8aaa\u660e\u7be9\u9078\u65b9\u6cd5\u8207\u6392\u9664\u6e05\u55ae\u3001\u6709\u6c92\u6709\u4f9d\u6cd5\u898f\u63ed\u9732\u6c38\u7e8c\u76ee\u6a19\uff0c\u518d\u6bd4\u8f03\u4e0d\u540c\u8a55\u7d1a\u6a5f\u69cb\u7684\u8a55\u5206\uff0c\u53ea\u770b\u540d\u7a31\u662f\u4e0d\u5920\u7684\u3002<\/p>\n\n<h2 class=\"wp-block-heading\">\u7acb\u5373\u555f\u52d5\u500b\u4eba\u8ca1\u5bcc\u8a08\u756b<\/h2>\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/urli.ai\/line\/jOAm2Tj0\" target=\"_blank\" rel=\"noopener\">\u514d\u8cbb\u8a3b\u518a\u963f\u723e\u767c\u6703\u54e1<\/a><\/p>\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/urli.ai\/line\/XpZpxkKi\" target=\"_blank\" rel=\"noopener\">\u7acb\u5373\u52a0\u5165\u963f\u723e\u767c\u5b98\u65b9Line@<\/a><\/p>\n\n<script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"FAQPage\", \"mainEntity\": [{\"@type\": \"Question\", \"name\": \"ESG \u6295\u8cc7\u662f\u4ec0\u9ebc\u610f\u601d\uff1f\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"ESG \u6295\u8cc7\u662f\u5728\u8ca1\u52d9\u5206\u6790\u4e4b\u5916\uff0c\u4e5f\u8a55\u4f30\u4f01\u696d\u5728\u74b0\u5883\u3001\u793e\u6703\u8207\u516c\u53f8\u6cbb\u7406\u4e09\u65b9\u9762\u7684\u8868\u73fe\uff0c\u4e26\u64da\u6b64\u9078\u64c7\u6216\u6392\u9664\u6295\u8cc7\u6a19\u7684\uff0c\u4e5f\u88ab\u7a31\u70ba\u6c38\u7e8c\u6295\u8cc7\u6216\u8cac\u4efb\u6295\u8cc7\uff08responsible investing\uff09\u3002\"}}, {\"@type\": \"Question\", \"name\": \"ESG \u6295\u8cc7\u503c\u5f97\u55ce\uff1f\u5831\u916c\u6703\u6bd4\u8f03\u5dee\u55ce\uff1f\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"\u4f9d\u6469\u6839\u58eb\u4e39\u5229\u8ffd\u8e64 2019 \u5e74\u81f3 2026 \u5e74\u4e0a\u534a\u5e74\u7684\u8cc7\u6599\uff0c\u6c38\u7e8c\u57fa\u91d1\u7684\u4e2d\u4f4d\u6578\u5831\u916c\u9577\u671f\u7565\u512a\u65bc\u50b3\u7d71\u57fa\u91d1\uff0c\u4f46 15 \u500b\u534a\u5e74\u5ea6\u88e1\u6709 4 \u6b21\u843d\u5f8c\uff0c2022 \u4e0a\u534a\u5e74\u843d\u5f8c 4.6 \u500b\u767e\u5206\u9ede<sup>[1]<\/sup>\uff1b\u6211\u89ba\u5f97\u5831\u916c\u5dee\u7570\u4e3b\u8981\u4f86\u81ea\u7522\u696d\u8207\u5730\u5340\u914d\u7f6e\uff0c\u904e\u53bb\u7684\u6578\u5b57\u4e5f\u4e0d\u80fd\u4fdd\u8b49\u672a\u4f86\u8868\u73fe\u3002\"}}, {\"@type\": \"Question\", \"name\": \"ESG \u8207\u50b3\u7d71\u6295\u8cc7\u6700\u5927\u7684\u5dee\u5225\u662f\u4ec0\u9ebc\uff1f\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"\u50b3\u7d71\u6295\u8cc7\u53ea\u770b\u8ca1\u52d9\u6307\u6a19\uff0cESG \u6295\u8cc7\u591a\u770b\u74b0\u5883\u3001\u793e\u6703\u3001\u6cbb\u7406\uff0c\u4e26\u53ef\u80fd\u6392\u9664\u90e8\u5206\u7522\u696d\uff0c\u6240\u4ee5\u6301\u80a1\u548c\u5927\u76e4\u6703\u6709\u4e9b\u5dee\u7570\uff0c\u9577\u671f\u5831\u916c\u63a5\u8fd1\uff0c\u77ed\u671f\u53ef\u80fd\u56e0\u7522\u696d\u504f\u91cd\u660e\u986f\u4e0d\u540c\u3002\"}}, {\"@type\": \"Question\", \"name\": \"ESG \u6982\u5ff5\u80a1\u548c ESG ETF \u54ea\u500b\u9069\u5408\u4e00\u822c\u6295\u8cc7\u4eba\uff1f\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"\u6211\u89ba\u5f97\u591a\u6578\u4eba\u6bd4\u8f03\u9069\u5408\u7528 ESG \u6307\u6578\u5316\u5de5\u5177\u5206\u6563\u6301\u6709\uff0c\u907f\u514d\u96c6\u4e2d\u5728\u5c11\u6578\u984c\u6750\u80a1\uff1b\u81ea\u5df1\u6311\u6982\u5ff5\u80a1\u8981\u7814\u7a76\u6c38\u7e8c\u5831\u544a\u66f8\u8207\u8a55\u7d1a\uff0c\u500b\u80a1\u98a8\u96aa\u4e5f\u6bd4\u8f03\u9ad8\u3002\"}}, {\"@type\": \"Question\", \"name\": \"\u4ec0\u9ebc\u662f\u6f02\u7da0\uff1f\u600e\u9ebc\u907f\u514d\uff1f\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"\u6f02\u7da0\u662f\u4f01\u696d\u6216\u57fa\u91d1\u8a87\u5927\u81ea\u5df1\u7684\u6c38\u7e8c\u4f5c\u70ba\uff0c\u53ef\u4ee5\u770b\u57fa\u91d1\u6709\u6c92\u6709\u516c\u958b\u8aaa\u660e\u7be9\u9078\u65b9\u6cd5\u8207\u6392\u9664\u6e05\u55ae\u3001\u6709\u6c92\u6709\u4f9d\u6cd5\u898f\u63ed\u9732\u6c38\u7e8c\u76ee\u6a19\uff0c\u518d\u6bd4\u8f03\u4e0d\u540c\u8a55\u7d1a\u6a5f\u69cb\u7684\u8a55\u5206\uff0c\u53ea\u770b\u540d\u7a31\u662f\u4e0d\u5920\u7684\u3002\"}}]}<\/script>\n\n\n<div class=\"wp-block-group alignfull has-text-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"color:#000000;background-color:#ffffff\">\n<style>\n\/* --- \u9810\u8a2d\uff1a\u624b\u6a5f\u7248\u5c3a\u5bf8 (\u5c0f\u87a2\u5e55) --- *\/\n.rwd-heading {\n    font-size: 32px !important;\n    margin-bottom: 24px !important;\n}\n.rwd-btn-wrapper {\n    \/* \u624b\u6a5f\u7248\u6a19\u984c\uff1a32px * 10\u5b57 = 320px *\/\n    width: 320px !important;\n    max-width: 100% !important;\n}\n.rwd-btn-link {\n    font-size: 16px !important;\n    padding: 12px 16px !important;\n}\n\n\/* --- \u5e73\u677f\u7248\u5c3a\u5bf8 (\u87a2\u5e55\u5bec\u5ea6\u5927\u65bc 768px) --- *\/\n@media (min-width: 768px) {\n    .rwd-heading {\n        font-size: 48px !important;\n        margin-bottom: 32px !important;\n    }\n    .rwd-btn-wrapper {\n        \/* \u5e73\u677f\u7248\u6a19\u984c\uff1a48px * 10\u5b57 = 480px *\/\n        width: 480px !important;\n    }\n    .rwd-btn-link {\n        font-size: 18px !important;\n        padding: 14px 20px !important;\n    }\n}\n\n\/* --- \u96fb\u8166\u7248\u5c3a\u5bf8 (\u87a2\u5e55\u5bec\u5ea6\u5927\u65bc 1024px) --- *\/\n@media (min-width: 1024px) {\n    .rwd-heading {\n        font-size: 48px !important;\n        margin-bottom: 40px !important;\n    }\n    .rwd-btn-wrapper {\n        \/* \u96fb\u8166\u7248\u6a19\u984c\uff1a48px * 10\u5b57 = 480px *\/\n        width: 480px !important;\n    }\n    .rwd-btn-link {\n        font-size: 20px !important;\n        padding: 15px 20px !important;\n    }\n}\n<\/style>\n\n<div class=\"wp-block-group alignfull has-text-color has-background\" style=\"color:#000000;background-color:#ffffff;text-align:center;padding:40px 20px;\">\n\n<h2 class=\"wp-block-heading has-text-align-center rwd-heading\" id=\"schedule-a-visit-personal\" style=\"line-height:1.15;font-weight:700;\">\u7acb\u5373\u555f\u52d5\u500b\u4eba\u8ca1\u5bcc\u8a08\u756b<\/h2>\n\n<div class=\"wp-block-buttons\" style=\"display:flex;flex-direction:column;align-items:center;gap:20px;\">\n\n    <div class=\"wp-block-button rwd-btn-wrapper\">\n        <a class=\"wp-block-button__link has-text-color has-background wp-element-button rwd-btn-link\" href=\"https:\/\/urli.ai\/line\/jOAm2Tj0\" style=\"border-radius:50px;color:#ffffff;background-color:#006ece;text-align:center;display:block;box-sizing:border-box;font-weight:700;\" target=\"_blank\" rel=\"noopener\">\u514d\u8cbb\u8a3b\u518a\u963f\u723e\u767c\u6703\u54e1<\/a>\n    <\/div>\n\n    <div class=\"wp-block-button rwd-btn-wrapper\">\n        <a class=\"wp-block-button__link has-text-color has-background wp-element-button rwd-btn-link\" href=\"https:\/\/urli.ai\/line\/XpZpxkKi\" style=\"border-radius:50px;color:#ffffff;background-color:#00b900;text-align:center;display:block;box-sizing:border-box;font-weight:700;\" target=\"_blank\" rel=\"noopener\">\u7acb\u5373\u52a0\u5165\u963f\u723e\u767c\u5b98\u65b9Line@<\/a>\n    <\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\">\u53c3\u8003\u6587\u737b<\/h2>\n\n<ul class=\"wp-block-list\">\n<li>[1] Morgan Stanley Institute for Sustainable Investing. (2026). <em>Sustainable reality: Sustainable funds outperformed traditional peers in 1H 2026; flows positive but still lagging<\/em>. Morgan Stanley. https:\/\/www.morganstanley.com\/content\/dam\/msdotcom\/en\/assets\/pdfs\/SustainableReality1H26MorganStanley.pdf<\/li>\n<li>[2] Morningstar. (2026). <em>ESG funds: 2025 closes with continued outflows amid persistent headwinds<\/em>. https:\/\/global.morningstar.com\/en-gb\/sustainable-investing\/esg-funds-2025-closes-with-continued-outflows-amid-persistent-headwinds<\/li>\n<li>[3] Dimensional Fund Advisors. (n.d.). <em>12 principles of sustainable investing<\/em>. Dimensional.<\/li>\n<li>[4] Morgan Stanley Institute for Sustainable Investing. (2025). <em>Sustainable reality: Sustainable funds deliver strong returns in 1H 2025<\/em>. Morgan Stanley. https:\/\/www.morganstanley.com\/content\/dam\/msdotcom\/en\/assets\/pdfs\/MS_ISI_Sustainable_Reality_2025_report-FINAL.pdf<\/li>\n<li>[5] European Parliament &amp; Council of the European Union. (2019). <em>Regulation (EU) 2019\/2088 on sustainability-related disclosures in the financial services sector<\/em>. Official Journal of the European Union, L 317. https:\/\/eur-lex.europa.eu\/eli\/reg\/2019\/2088\/oj<\/li>\n<li>[6] European Commission. (2022). <em>Commission Delegated Regulation (EU) 2022\/1288 supplementing Regulation (EU) 2019\/2088 with regard to regulatory technical standards<\/em>. Official Journal of the European Union, L 196. https:\/\/eur-lex.europa.eu\/eli\/reg_del\/2022\/1288\/oj<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">\u91cd\u8981\u8072\u660e<\/h2>\n\n<p class=\"wp-block-paragraph\">\u672c\u6587\u7531\u963f\u723e\u767c\u8b49\u5238\u6295\u8cc7\u9867\u554f\u80a1\u4efd\u6709\u9650\u516c\u53f8\u7de8\u88fd\uff0c\u50c5\u4f9b\u53c3\u8003\uff0c\u4e0d\u69cb\u6210\u4efb\u4f55\u91d1\u878d\u5546\u54c1\u4e4b\u8981\u7d04\u3001\u62db\u652c\u6216\u63a8\u4ecb\uff0c\u4ea6\u975e\u91dd\u5c0d\u7279\u5b9a\u6295\u8cc7\u4eba\u4e4b\u500b\u5225\u6295\u8cc7\u5efa\u8b70\uff1b\u6295\u8cc7\u4eba\u61c9\u4f9d\u81ea\u8eab\u8ca1\u52d9\u72c0\u6cc1\u3001\u6295\u8cc7\u76ee\u6a19\u8207\u98a8\u96aa\u627f\u53d7\u5ea6\u5be9\u614e\u8a55\u4f30\uff0c\u4e26\u81ea\u884c\u627f\u64d4\u6295\u8cc7\u98a8\u96aa\u3002\u6587\u4e2d\u57fa\u91d1\u8207\u6307\u6578\u6b77\u53f2\u5831\u916c\u4fc2\u5f15\u7528\u7b2c\u4e09\u65b9\u7d71\u8a08\uff0c\u4e0d\u4ee3\u8868\u4efb\u4f55\u5be6\u969b\u5e33\u6236\u7e3e\u6548\uff0c\u4ea6\u975e\u5c0d\u672a\u4f86\u4e4b\u9810\u6e2c\u6216\u4fdd\u8b49\u3002\u904e\u53bb\u7e3e\u6548\u4e0d\u4ee3\u8868\u672a\u4f86\u8868\u73fe\u3002\u963f\u723e\u767c\u8b49\u5238\u6295\u8cc7\u9867\u554f\u80a1\u4efd\u6709\u9650\u516c\u53f8\u3000115\u91d1\u7ba1\u6295\u9867\u65b0\u5b57\u7b2c019\u865f<\/p>","protected":false},"excerpt":{"rendered":"<p>ESG \u6295\u8cc7\u662f\u4ec0\u9ebc\u3001\u503c\u4e0d\u503c\u5f97\uff1f\u7528 2019\u20132026 \u6c38\u7e8c\u8207\u50b3\u7d71\u57fa\u91d1\u7e3e\u6548\u6bd4\u8f03\uff0c\u6574\u7406\u7b56\u7565\u3001\u6982\u5ff5\u80a1\u8207ETF\u5dee\u5225\u3002<\/p>\n","protected":false},"author":2,"featured_media":17333,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[565],"tags":[831,828,822,829,823,824,825,826,827,830],"class_list":["post-14656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category--etf","tag-esg-etf","tag-esg-","tag-830"],"blocksy_meta":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_featured_media_url":"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2026\/10\/00-cover-109.png","_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14656"}],"version-history":[{"count":7,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14656\/revisions"}],"predecessor-version":[{"id":18200,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14656\/revisions\/18200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/17333"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}