Naxxar, Malta: CoreData is a research consultancy and unique collaboration of market research, media, industry, and marketing experts from around the world. Since 2002, they have delivered research-based insights to businesses in order to aid growth and fundamental transformation.
In summary, this article is about a survey conducted by CoreData on 300 UK financial advisers that shows that 46% of them believe asset managers should be fined for what is purportedly greenwashing, 40% say they are confused about the growing array of ESG regulations and 41% reject the idea that all financial advisers should have ESG qualifications.
The article furthermore states that 32% feel there is too much talk about ESG and 28% are paying more attention to the S in ESG which they say is likely because of “the pandemic” that has made social factors such as human capital management take on more importance.
The article closes by saying that fund managers need to be able to explain how their less quantifiable social performance targets will be met and monitored. In conclusion, the bottom line is that there is a lack of clarity from fund managers about how ESG principles are applied, and as a result, some advisers want asset managers to be fined for misrepresenting ESG realities.
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A CoreData Research survey of 300 UK financial advisers conducted in July found 46% agree that asset managers should face fines for greenwashing and/or social washing. Just one in 10 (10%) disagree that managers should be fined, while about four in 10 (43%) are undecided on the issue. Advisers focusing on HNW clients (48%) are more inclined than their mass market focused peers (40%) t o think managers should face monetary penalties for greenwashing. Elsewhere, the research highlights a growing tendenc y among advisers to focus on the social component of ESG. Nearly three in 10 (28%) agree they are now paying more attention to the S in ESG compared to 21% who disagree and 51% who are undecided. “These findings suggest advisers want more ESG funds with a social purpose,” said Andrew Inwood, founder and principal of CoreData. “This is likely a consequence of the pandemic which has seen social factors such as human capital management take on more importance. For fund managers, the ability to clearly explain how less quantifiable social performance targets will be met and monitored will be key.” CoreData is a research consultancy and unique collaboration of market research, media, industry, and marketing experts from around the world. Since 2002, they have delivered research-based insights to businesses in order to aid growth and fundamental transformation.
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ESG: The New Way of Doing Business in Malta
Business and organizational sustainability is a complex issue inMalta, with many stakeholders and perspectives. It’s also an area where the stakes are high – if we don’t get it right, there will be dire consequences for our communities and the planet.
The good news is that more investors are taking notice of ESG issues when they invest in Malta companies and organizations. In fact, over the past decade, institutional investors have been increasingly incorporating Environmental, Social, and Governance factors into their investment decisions. And soon it will be impossible to win any RFPs without it.
We want everyone (not just big institutions inMalta) to be able to incorporate ESG-related risk into their actions because Companies that don’t adapt to these changes will not survive. This change has many companies inMalta scrambling to figure out how they can stay competitive and profitable while also contributing to a better future.
ESG The Report is one solution that helps businesses inMalta find their niche in this new landscape by providing information on risks and opportunities related to environmental, social, and governance factors affecting them today. Our report offers insights into what investors are looking for from companies inMalta and around the globe.
ESG Frameworks provide investors with insight into how companies are performing in terms of corporate governance, social issues, labor standards, and environmental impact. Ask about our ESG Frameworks package to help you get started on making your company, department, or organization diverse, equitable, and inclusive for all stakeholders.
Dean Emerick is a curator on sustainability issues with ESG The Report, an online resource for SMEs and Investment professionals focusing on ESG principles. Their primary goal is to help middle-market companies automate Impact Reporting with ESG Software. Leveraging the power of AI, machine learning, and AWS to transition to a sustainable business model. Serving clients in the United States, Canada, UK, Europe, and the global community. If you want to get started, don’t forget to Get the Checklist! ✅