Only a minority of institutional investors in the Asia-Pacific have so far parked money in funds that incorporate environmental, social and governance ESG principles, but things are changing fast, a comprehensive new study shows.
According to a global survey by BNP Paribas released on Tuesday, most of them plan to substantially boost their ESG allocations over the next few years.
“We’ve come from a low base in ESG in Asia Pacific but nevertheless the commitment is there,” said Madhu Gayer, investment analytics and sustainability manager of BNP Paribas Securities Services.
Currently, only 20% of institutional investors in the Asia-Pacific region have a majority of...
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