ESG产品月报（2025.7）ESG主动基金业绩优异-20250702

Group 1 - The report highlights significant fluctuations in the issuance of ESG public funds, with peaks in November 2024, January 2025, and March 2025, while experiencing sharp declines in February and April 2025. Overall, the scale of ESG funds has grown over the past two years, but with notable differentiation among types [2][11][12] - ESG strategy funds and environmental protection theme funds have shown leading growth rates, while pure ESG theme, social responsibility, and corporate governance theme funds have developed more slowly, with corporate governance products remaining stable at 20 [2][11][12] - The issuance of ESG bonds has also experienced dramatic fluctuations, peaking at 172.155 billion yuan in April 2025 and reaching a second-highest issuance of 146.994 billion yuan in June 2025, with a low of only 37.844 billion yuan in January 2025 [2][16] Group 2 - The report indicates that the number of ESG bank wealth management products has shown an "S-shaped" trend, peaking at 104 products in December 2024 before declining, with a resurgence starting in March 2025. The number of existing products increased from 368 in June 2023 to 948 in June 2025 [2][23] - The report tracks the performance of various ESG public fund categories, noting that in June 2025, 82 products achieved positive returns, with the "Caitong Sustainable Development Theme" fund leading with a return of 12.69% [2][31] - The report also details the performance of representative ESG products, such as "Huabao Core Advantage," which achieved a return of 17.43% in June 2025, with an average equity position of approximately 90% [2][74] Group 3 - The report provides insights into the performance of ESG public bond funds, noting that in the first quarter of 2025, the environmental protection theme fund saw a growth of 12.994 billion yuan (+88.06%), while the ESG strategy theme fund grew by 8.963 billion yuan (+51.13%) [2][52] - The report highlights that the ESG bank wealth management products have shown a steady increase in the number of existing products, indicating a growing market interest in ESG investment [2][23] - The report emphasizes the performance of ESG REITs, with environmental protection theme funds totaling 21.883 billion yuan, accounting for approximately 70% of the total, while social responsibility theme funds totaled 9.359 billion yuan, making up about 30% [2][62]