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Investor giants opt for ESG over financial metrics when backing companies
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fnlondon.comHeavyweight investors are placing greater emphasis on environmental, social and governance factors than they were 12 months ago — a sign that pension funds and other large asset owners are showing a preference for ESG over traditional financial metrics when picking companies in which to invest.
According to a survey of 100 UK-based institutional investors by asset manager Federated Hermes, 88% said ESG factors now play a "central role" when making long-term investment decisions.
The...
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