Responsible investment is on the rise, according to a global survey of investment institutions, but there’s still some way to go before it becomes the norm.
Responsible investing—the process of integrating environmental, social and governance principles into investment criteria—is growing in popularity.
That’s the conclusion of a survey of institutional investors conducted by the Royal Bank of Canada (RBC), which found that 72%, more than two-thirds, either “significantly” or “somewhat” used ESG principles as part of their investment approach.
Many will see that as heartening. But it doesn’t mean ESG principles are used in all investments. Only 18% of investors could say they used a consultant to incorporate ESG investment principles into all mandates.
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