Pension funds and institutional investors set to increase focus on ESG, says new study
Some 14 per cent said they expect their focus here to increase ‘dramatically’ between now and 2024, with just 7 per cent claiming it will decrease.
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When considering what impact ESG will have on their investment activities, 43 per cent of the institutional investors surveyed said the environmental factor is the most important one for them. Nearly one in three (31 per cent) said social factors are, and 26 per cent selected governance as their main focus area. The professional investors surveyed are based in North America, Europe and Asia and who collectively have around USD935 billion of assets under management.
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More specifically, when asked which ESG factors would have the biggest impact on how pension funds and other institutional investors invest over the next three years, 85 per cent of those surveyed said they expect the focus on climate action to increase, and this was followed by affordable and clean energy (68 per cent), and 63 per cent who cited good health and well-being.
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