Industry News: ESG

Three-quarters of Institutional Investors Say They May Divest from Companies with Poor Environmental Track Records

Written by ESG | 5-Nov-2021 11:06:30 PM

2021-11-03

EY: A burgeoning number of institutional investors around the world are placing greater emphasis on ESG performance in their decision-making and 74% are now more likely to divest from companies with poor ESG track records. However, concrete action is still lacking, and there is an urgent need for better quality disclosure from companies, according to the 2021 EY Global Institutional Investor Survey (pdf).

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