esg-themed products: See Trump administration to repeal Obama-era clean-water rule MSCI MSCI, -1.18% posted a 7.6% rise in net profit to 125.7 million during its second quarter, while operating revenues increased 6.2% from a year earlier to 385.6 million, according to Market Watch. It attributed the gains to a 25% spike in subscription revenue from ESG data and 11% from indexes, which include more than 1,000 ESG-themed products. It is the fastest-growing business, said Remy Briand, head of ESG at MSCI, in an interview on Thursday. AFP/Getty Images Caption outside of wrapper for normal article images Earth model displayed at Rheinaue Park in Bonn, Germany, during the United Nations Climate Change Conference in 2017. People are starting to change their portfolio, he said. The company's growth comes as investors continue to flock to ESG. Briand said wealth managers like Merrill Lynch BAC, 1.69% and Morgan Stanley MS, 1.90% are increasingly speaking with their high-net-worth clients about impact investing.
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