IFC and Mercer to launch sustainability ratings

Fund managers in emerging markets will be rated based on their capacity to incorporate environmental, social and governance factors into their investment decisions as part of a new research initiative commissioned by the International Finance Corporation (IFC), the private sector branch of the World Bank Group.To determine the ratings, Mercer, which has been appointed by the IFC to conduct the study, is approaching 50 managers based in the emerging markets of China, India, South Korea…