Sustainable indices lag as Big Tech continues to dominate equity markets

A concentrated, AI-driven market is forcing investors to choose between performance and diversification, says report In 2025, fewer than 30 per cent of Morningstar’s sustainability indices outperformed their non-environmental, social and governance equivalents, as a small number of tech giants led markets for the third year in a row, an analysis finds.

Jan 30, 2026 - 19:00
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Sustainable indices lag as Big Tech continues to dominate equity markets
A concentrated, AI-driven market is forcing investors to choose between performance and diversification, says report In 2025, fewer than 30 per cent of Morningstar’s sustainability indices outperformed their non-environmental, social and governance equivalents, as a small number of tech giants led markets for the third year in a row, an analysis finds.

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