News | 11.13.19
Institutional Investors See ESG as Part of Their Fiduciary Duty: Survey
Environmental, social, and governance (ESG) factors remain a top priority for institutional investors, as many see it as a part of their fiduciary duty, according to a survey conducted by State Street Global Advisors. A report based on the survey, which was conducted among more than 300 global institutional investors, reveals that 46 percent of respondents cited the need to meet fiduciary duty and regulations as a key driver for adopting ESG principles. Forty-six percent also cited ESG risk management for the portfolio as a major factor pushing the issue. Meanwhile, 44 percent cited seeking ESG risk mitigation as the primary motivator.
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