A vast majority of global institutional investors are concerned about the risk posed by climate change and already incorporate sustainability considerations into their investment strategies, according to new survey findings.
UK index provider FTSE Russell polled 415 asset owners across 24 countries and found that 85% identify climate risk as a major concern, and that 73% actively implement sustainable investment practices in their portfolios, with more than half citing financial performance and risk management as a key reason.
“Against a backdrop of geopolitical headwinds, investor concerns regarding climate and broader sustainability risks continue to intensify and the focus on financial performance remains a central priority,” Stephanie Maier, global head of sustainable at FTSE Russell, says in a statement on December 8.
The minority that are still assessing whether to adopt sustainable investment strategies cite concerns such as greenwashing and the availability and accuracy of environmental, social and governance data.
