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Laxman Pai, Opalesque Asia: Interest in environmental, social, and governance (ESG) investing is surging as a record number of institutional investors considering ESG in future investment decisions, said a survey.
Callan, the institutional investment consulting firm, announced the results of its eighth annual ESG Survey, noting a consistent commitment to incorporating ESG factors into investment decision-making-with a record number of respondents considering it in the future.
The survey found 42% of institutional investors incorporate ESG factors into investment decisions, which mirrors our 2019 survey result but is nearly double the 22% result from our first survey in 2013.
Over 30% of respondents not yet incorporating ESG factors into investment decisions are considering it, which is the highest rate in the survey's history and nearly three times the result from 2019.
Endowments retained their distinction as the top ESG incorporator and increased their adoption rate, coming in at 63% in 2020 compared to 58% in 2019.
Public plans have incorporated ESG factors into investment decisions at a higher rate (36%) than their corporate counterparts (32%).
"Despite regulatory uncertainty in the U.S. and differing guidance from various regulatory bodies about ESG, we see increasing investor interest in incorporating financially material ESG factors into their investment processes," said Tom Shingler, senior vice president and chair of Callan...................... To view our full article Click here
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