Asia Pacific investors have leapt ahead of their global counterparts in integrating Environment, Social, and Corporate Governance (ESG) strategies into their investment decisions, a new survey has revealed.
The survey, published by leading global securities bank BNP Paribas Securities Services, reported that 84% of the 135 institutional asset owners and managers representing $5.4trillion in assets under management surveyed in Asia Pacific are currently integrating ESG factors into their investment decisions.
European investors closely trailed behind, with 82 % of those surveyed having reported incorporating ESG.
Only 70% of investors from North America said they are doing so. Asia Pacific’s high ESG integration rate bodes well for the region, which is the world’s fastest growing economy, but also home to the world’s most climate-vulnerable countries.
According to the report, 46% of investors from Asia Pacific gave the highest importance on the environmental impacts of investments.