Study reveals asset managers falling short on following through on ESG commitments

Redington, as part of its annual Sustainable Investment survey, interviewed 122 asset managers from across a range of geographies, covering 232 strategies and representing aggregated £37.7trn in combined AUM. The report found three key areas managers needed to work on in order to "bridge the gap between rhetoric and reality". First was integration, with 87% of the managers reporting integrating climate into their investment processes, an increase from 80% in 2021. Despite this, the follow-through on a strategy level was lacklustre with only 685 actually performing climate risk assessm...