The growing demand from investors to address environmental, social and governance ‘ESG’ matters in the investment decision-making process has created a global momentum around sustainable and responsible investments. European asset managers, as intermediaries between investors and companies, have a crucial role to play in driving this trend.
Responsible investment has long been a focus for European Fund and Asset Management Association (EFAMA). This year’s report sets out EFAMA’s outlook and recommendations on the main questions surrounding responsible investment: the importance of reliable and accurate reporting by companies, the debate about investment performance and responsible investment, the role of legislation and the different selection methods in the responsible investment process.
Peter De Proft, Director General of EFAMA, commented: “In the context of the increased focus on sustainable finance at EU level, we believe it is particularly timely to discuss the European asset management industry’s ever-growing role and involvement in responsible investment”.
“There is no doubt that demand for sustainable and responsible investment is growing. This is in part due to the recognition that economic sustainability will impact longer term value creation, however the changing social and ethical values of asset owners and the broader public have also strongly influenced this transition”.
He concluded: “The European asset management industry is determined to continue to play its part in this global effort to solve some of the most pressing issues of our generation. We hope that this report will provide guidance for this collective initiative”.
Press release
Full report
© EFAMA - European Fund and Asset Management Association
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