ESG integration is “steadily becoming the norm” in response to the requirements of investors, according to XPS Pensions Group’s latest Investment Fund ESG Rating Review.
The survey showed that the number of fund managers receiving a green ESG rating has increased to 36% compared to 24% last year. It also found that most fund managers now ‘robustly' embed ESG factors into their decision-making, with green scores on integration increasing from 44% last year to 54%. Although this is an improvement, 23% of funds were still unable to provide examples illustrating an E, S or G issue being considered. The survey showed that the gap continued to narrow on climate change reporting and analysis, with an increase in the number of funds both reporting data and im...
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