The number of clients who say they consider ESG when investing has dropped for the third year in a row, according to the annual ESG Attitudes Tracker from the Association of Investment Companies (AIC).
The percentage of respondents considering ESG is now 48%, having fallen from 66% in 2021, 60% in 2022 and 53% in 2023, according to the study conducted for the AIC by Research in Finance. Just more than two-fifths of clients (43%) consider themselves "fans" of ESG investing, down from 60% in 2021, 51% in 2022 and 50% in 2023. Clients are also more pessimistic about performance. Only 17% of respondents feel ESG investing is likely to improve performance, down from 22% last year. Is ESG ‘woke'? Meanwhile, the research also found that 66% of respondents associated ESG with being "su...
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