Institutional Investor (March 12)
2024/ 03/ 14 by jd in Global News
“Sixty-eight percent of U.S. institutional investors do not use ESG in their portfolios.” They’ve been abandoning ESG as it “has become politicized, leading to state legislation banning the practice, lawsuits, and reputation concerns.” Elsewhere, in contrast, ESG investment is “forging ahead”. A recent global survey of 310 institutional investors, showed that “94 percent of European respondents have incorporated ESG into their investment process…. Within Asia, that portion is 86 percent.”
Tags: Banning, ESG, Global, Institutional investors, Investment, Lawsuits, Legislation, Politicized, Portfolios, Reputation, Survey Europe, U.S.
