03-06-2025
Investors Say They're Moving Away From ESG as ‘an Umbrella Concept'
While institutional asset owners such as pension funds and insurers say they remain committed to sustainable investing, they're less wedded to ESG as 'an umbrella concept.'
They now widely treat ESG as three separate parts as opposed to a single strategy, according to a survey by Morningstar Inc. of 25 asset owners across North America, Europe and the Asia-Pacific region. Until recently, the anti-ESG push has been concentrated in the US.
