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Laxman Pai, Opalesque Asia: The percentage of asset owners that have adopted sustainable investment practices rose to 80% in 2019 from 70% in 2017, said a survey.
According to a new survey by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Investment Management revealed that majority of asset owners actively integrate ESG factors into their investment process and consider sustainable investing a risk mitigation strategy.
The report says that nearly eight in ten (78%) investors surveyed agree that sustainable investing is a risk mitigation strategy. Additionally, asset owners already practicing sustainable investing have identified clear benefits to reputation and stakeholder engagement.
The survey polled 110 public and corporate pensions, endowments, foundations, sovereign wealth entities, insurance companies, and other large asset owners worldwide, 92% of which had total assets over $1 billion.
Nearly six in ten (57 percent) can envision a time when they will only allocate to investment managers with a formal approach to ESG, the survey said.
Key findings include:
A further 15 percent of respondents are actively considering sustainable investing adoption.
Asset owners seek better tools and data to measure sustainability.
Asset owners are eager to measure and report portfolio impacts, but nearly a third (31 percent) lack adequate tools to assess investments against their ESG goals.
86 percent believe that investm...................... To view our full article Click here
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