Seven out of ten professionals working in the UK financial services industry are not confident in the commitment to ESG and ethical finance of the firms they work for, according to a survey from the Chartered Institute for Securities & Investment (CISI).
When 563 respondents were asked how confident they were that their firm is "committed to the adoption and execution of ethical finance policies and ESG principles as regards lending, investing, wealth management and fund management activities," 70% responded they were "not confident", while a further 10% said they were "neutral", leaving only 20% of professionals answering that they were confident in their firms' commitment. Of those who were confident, respondents cited the development of ESG versions of model portfolios and a group level project to deliver ESG products and services. ...
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