Sustainability is Strongly Encouraged by All Stakeholders – Especially Investors
More and more financial companies are being urged to take sustainable action due to stakeholder pressure – particularly from investors. When evaluating downside risk, sustainable strategies consistently exhibit about 20% less volatility than traditional strategies – so it only makes sense that investors are paying attention.
According to Viviana Occhionorrel, ESG Director at Astorg Partners, investors increasingly expect disclosure on ESG risks before engaging with any company – and they especially want to know what companies are doing to combat climate change given the financial implications. CDP found companies could face roughly $1 trillion in costs related to climate change in the decades ahead unless they take proactive steps to prepare.
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