By Hazel Bradford
Source: Pensions & Investments
Investors are increasingly factoring ESG into their investment decisions, according to a PricewaterhouseCoopers survey released Thursday.
The PwC 2021 Global Investor ESG Survey found that 80% of those surveyed considered ESG an important factor. Nearly 70% thought it should be factored into executive compensation, with 59% saying that a company’s lack of action on ESG issues would make them likely to vote against pay packages, and one-third already taking that action.
For companies not taking sufficient action on ESG issues, 49% of the investors were willing to divest.