ESG survey: Lack of regulatory consistency remains 'significant' challenge for investors

The PwC survey, entitled Embracing ESG Transformation and published last month, focused on how UK asset management firms are "leveraging regulation to drive value creation". It found that, given the EU's Sustainable Finance Action Plan, which includes the roll-out of the Sustainable Finance Disclosure Regulation (SFDR), 76% of respondents said regulatory pressure was a significant driver behind their focus on ESG. Some 69% of those surveyed have already put SFDR in place within their UK entity, while 63% are implementing the EU's taxonomy regulation. However, just 44% of firms believe...