Large institutional investors increase integration of ESG factors into engagement, investment decisions and proxy voting
ESG integration continues to rise at large asset managers, with the vast majority saying it played a greater role in engagement, proxy voting and investment decisions during the last year.
Ninety-eight percent of institutional investors say ESG opportunities and risks – excluding the impact of Covid-19 – were given more consideration during shareholder engagement this year compared with last year, according to new research from Morrow Sodali. Ninety-five percent say ESG played a greater role in investment decisions, while 85 percent say they were taking ESG into account more often when voting the proxy.