SFC Survey on Integrating Environmental, Social and Governance Factors and Climate Risks in Asset Management
The Securities and Futures Commission (SFC) has published the findings of its Survey on Integrating Environmental, Social and Governance (ESG) Factors and Climate Risks in Asset Management which investigated how, and to what extent, SFC-licensed asset management firms consider ESG factors in their investment strategies. Published in December 2019, the survey was conducted as part of the SFC’s Strategic Framework for Green Finance announced in 2018. It found that 83% of the surveyed asset investment firms had taken at least one ESG factor into consideration when evaluating companies’ investment potential. Read More…