Despite widespread adoption of ESG policies and an increase in dedicated staff, asset managers are struggling to provide tangible evidence of the considerations in decision making.
According to Redington's annual Sustainable Investment survey, while 98% of managers have a firmwide ESG policy and 80% employ dedicated ESG or sustainable investment staff, 43% of fund houses are unable to provide a single example of a sell decision driven by an ESG view, up from 39% the previous year. Deep Dive: Global ESG equities set to benefit from energy transition drive A lack of ESG considerations in buy decisions has also increased, with 35% unable to produce an example, compared with 26% last year, while just 57% hold an exit strategy for negative ESG performance. While m...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
