KEY TAKEAWAYS Components of ESG in an investment strategy, how they're measured, and the method of incorporation can lead to a wide range of investment outcomes.ESG strategies exhibit a broad spectrum of characteristics, which may drive expected returns that differ from the market.Greenhouse gas emissions exposure has varied substantially across ESG strategies, highlighting the importance of looking beyond ESG labels to determine whether an ESG investment is consistent with one's … [Read more...] about Beyond the Label, ESG Funds May Miss Their Mark