The Securities and Exchange Commission should take the global lead in mandating material ESG (Environmental, Social and Governance) disclosures, the SEC’s Investor Advisory Committee urged in May.
According to Schroders’ latest UK adviser survey, 65% of financial advisers claimed that it will increase the attention they pay to the ESG risks associated with investments; while 88% said Covid-19 has reinforced the importance of stewardship and using an asset manager who actively engages with company management.
Sustainable investing will sustain investment portfolios during times of market turmoil, according to BlackRock and Bank of America. Recent research from the firms shows that the majority of environmental, social and governance investments outperformed their non-sustainable counterparts during the Q1, 2020 market crash.
