Investors and executives see ESG as key to future strategy

illuminem summarizes for you the essential news of the day. Read the full piece on Funds Europe or enjoy below:

🗞️ Driving the news: Bloomberg Intelligence's inaugural ESG Market Navigator survey shows a strong commitment to ESG among investors and executives
• 85% of respondents said that they plan to increase ESG investment over the next five years

🔭 The context: ESG is increasingly seen as integral to corporate strategy and competitive advantage
• The survey included 250 global C-suite executives and 250 investors, indicating a broad-based focus on ESG

🌍 Why it matters for the planet: ESG initiatives are crucial for sustainable corporate practices and reducing environmental impact
• The rising importance of ESG reflects a shift towards more responsible investing and corporate behavior

⏭️ What's next: 2024 is expected to focus on ESG accountability and enhanced investor-corporate dialogue

The survey suggests a growing scrutiny and demand for credible ESG practices in the market

💬 One quote: “ESG has moved from a fringe concern, to mainstream and finally, to a mandated necessity” (Adeline Diab, Bloomberg Intelligence)

📈 One stat: 84% of executives believe ESG contributes to a more robust corporate strategy

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