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Laxman Pai, Opalesque Asia: Investors plan to double their sustainable assets in the next five years, rising from 18% of assets under management on average today to 37% by 2025, said a survey.
According to BlackRock's Global Client Sustainable Investing Survey of the asset manager, 20% of its 425 respondents across 27 countries, representing $25 trillion in collective assets under management said the COVID-19 pandemic would accelerate their sustainable investing allocations.
Further, 20% of respondents said the pandemic would accelerate allocations to sustainable investments.
Three-quarters of respondents said they used or would consider an integrated approach to account for environmental, social, and governance (ESG) risks in their portfolios.
54% of global respondents consider sustainable investing to be fundamental to investment processes and outcomes, driven by respondents in EMEA where we see greater rates of adoption. Respondents in APAC and the Americas appear to be in the early stages of this journey.
Respondents plan to double their sustainable assets under management in the next five years - rising from 18% of assets under management on average today to 37% on average by 2025. Only 3% of respondents expect to delay their implementation as a result of COVID-19.
53% of global respondents cited the poor quality or availability of Environmental, Social, and Governance (ESG) data and analytics as to the biggest barrier to deeper or broader implement...................... To view our full article Click here
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