Law360, London (October 3, 2019, 4:18 PM BST) -- Institutional investors are rapidly warming to the idea of adopting responsible investing principles and are particularly concerned about climate change, according to new research.
Some 87% of British financial institutions surveyed said that responsible investing — the growing trend of folding nonfinancial considerations such as environmental and social factors into wealth-management decisions — is at least somewhat important to them, up from 66% in 2018, according to a survey by Aon of 230 members of the sector released Wednesday.
“The staggering increase in [responsible investing] sentiment and activity we witnessed in our 2019 survey makes one thing abundantly clear: Responsible investing is officially...
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