A new survey has found that momentum in ESG investing continues to grow with institutional investors.
The survey of 500 global institutional investors conducted by CoreData Research shows that 51% of pension funds, endowments and foundations, sovereign wealth funds and banks now fully integrate ESG into their investment approaches, up from 36% in the final quarter of 2019.
The US is slower at adopting ESG with 36% using full ESG integration and 30% incorporating active ownership. The highest percentage was among Asian investors, where 69% use full integration and 61% use active ownership. The survey also showed that global investors increasingly are considering their asset managers’ sustainability credentials when investing, with 49% doing so in the second quarter up from 39% in the fourth quarter, although the numbers for North American investors fell to 35% from 38%.