A new poll by UK banking giant HSBC has found a rising number of managers are reconsidering how they integrate environmental, social, and governance (ESG) issues into their investment strategies.
The findings come from the London-based lender’s survey of 310 professionals across the globe in roles related to ESG decision-making. The poll was conducted May 31–June 24, 2023.
Respondents in the survey represented $8.9 trillion in assets under management across 292 institutions, according to HSBC’s global research team, which conducted the poll.
Analysts found that there is growing pushback against investment strategies that factor in ESG considerations among managers based in the United States….