What will it take to convince large institutional investors to invest responsibly or sustainably?
In October, a survey by Schroders of 500 pension funds, endowments, foundations and sovereign wealth funds revealed 20% of them checked the box for: ‘I do not believe in sustainable investments.’ That went up to 29% among Latin American investors.
What exactly do they not believe? That sustainable investments exist? Because about $22.89 trillion in assets were being professionally managed under responsible investment strategies in 2016, according to the latest survey from the Global Sustainable Investment Alliance.
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