Investors are more sceptical and pessimistic on ESG investing than they were last year, a new survey from the Association of Investment Companies has found.
The study revealed that a majority (58%) of respondents are "not convinced by ESG claims from funds", up from 48% last year. Among the 402 respondents, 60% consider ESG when investing, but this is down from 65% in 2021. Of those that do not consider ESG, 55% say they are not convinced by ESG claims from asset manager, more than double last year's 27%. AXA IM reveals first carbon footprint of 31,280 tonnes of CO2 Meanwhile, investor expectations of ESG performance and risk have significantly declined. Only 22% of respondents said they expect ESG investing to improve performance, com...
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