Investors will turn their back on a company if they are failing to drive sustainability and broader ESG adoption, a Natixis Investment Managers survey has shown.
The survey of more than 8,550 individual investors across 24 countries, found that 53% would sell a stock to send a message to a company that it has poor ESG performance. Similarly, 55% of those that took part in the survey said that fund managers should also sell shares in companies that have poor ESG records. "Increasingly, individual investors believe the ESG investment decision-making process should involve all of the parties in investing, including financial advisers, fund managers and investors themselves," said Dave Goodsell, executive director, Natixis IM Center for Investor...
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