The popularity of ESG investing has declined among UK investors, with just 53% saying they consider ESG factors, compared to 65% in 2021, according to a new study.
The annual ESG Attitudes Tracker from the Association of Investment Companies showed that fears of greenwashing have grown. In 2021, 48% of respondents agreed with the statement "I am not convinced by ESG claims from funds". This rose to 58% in 2022 and hit 63% in this year's survey. Investors continue push into ESG despite greenwashing concerns Among the 47% of investors who do not consider ESG factors when investing, the top reason given is prioritising performance over ESG issues. This was followed closely by not being convinced by ESG claims from asset managers. The weaker perf...
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