Deep Dive: Investors plead patience for enduring ESG growing pains as it 'figures out what it wants to be when it grows up'

Amid introduction of SDR

Investors' attitude towards ESG focused investing has undergone a significant gear change since the 2020 green stock boom, with this corner of the market now figuring out its place within a new environment.

"Like most adolescents, ESG is still working out what it wants to be when it grows up," said Daisy Streatfeild sustainability director at Ninety One.  As it endures these growing pains "it is important not to throw the teenager out with the bathwater", she added, stressing that the industry must not let either consumer or political scepticism be the reason to absolve itself from one of the most fundamental aspects of fiduciary duty: impactful management of investment risks.  BlackRock's backing for shareholder proposals on ESG dwindles to fresh low Streatfeild said that ESG is stil...