Mint, 2 min read . Updated: 06 Jan 2021, 05:14 AM IST,
Climate-related risks are the top sustainability portfolio concern for 88% of respondents, as per the survey, which gathered insights from 425 investors in 27 countries.
The coronavirus crisis has come as a blessing in disguise for sustainable investing. The pandemic has accelerated global investors’ focus towards the environmental, social and governance (ESG) theme. Latest preliminary data published by global fund-flow tracker EPFR showed that equity funds with socially responsible investing (SRI)/ESG mandates have seen record inflows of $168.74 billion in 2020, in comparison to $63.34 billion in 2019.
Analysts say discussions on ill-effects of climate change have sharply gained in importance worldwide, making ‘conscious investing’ a key theme of 2021. A survey by consulting firm BlackRock in December showed that investors representing $25 trillion in assets plan to double their ESG assets in the next five years.
