Environmental, social and governance investing remains a hot topic for businesses, advisers and their clients.

But the current cost of living crisis could pose a threat to the thriving and flourishing ESG landscape as consumers and investors come under pressure.

At the other end of the scale, traditional ‘polluters’ have benefited during the recent energy crisis. For example, fossil fuel companies have been earning profits close to $3bn (£2.68bn) a day, according to a study published in August.

This prompted United Nations Secretary-General Antonio Guterres to describe the earnings as “immoral” and call for the introduction of a windfall tax for oil companies.

But what regulation or guidance is actually needed? What does the current set of challenges mean for ESG investing? What might need to change in the future?

This guide will examine what the current landscape of ESG looks like, some of the obstacles sustainable investing faces, where the opportunities for sustainable investing are opening up, and what is needed to ensure ESG flourishes in the future.

By reading this guide, which takes an estimated 60 minutes, you will be able to:

• List some of the challenges facing ESG investing
• Summarise potential opportunities for sustainable investing
• Explain what is needed for long-term ESG investing in the future.

Anita Boniface is a freelance journalist