Wealth Professional: Are institutional investors too big for ESG?

Research argues that institutions’ investment strategies may be undermining their own efforts to promote sustainability […] “Institutional investors may be at the forefront of the ESG movement, but a new paper suggests that they may also be contributing to the very systemic issues that responsible investors want to solve.

According to the paper from the Predistribution Initiative – a group focused on governance, investment practices, and the systemic risks arising from investments, among other areas – is rooted in the sheer amount of money deployed by large institutions into high-risk investments.”