PwC Luxembourg has introduced a new interactive ESG dashboard in order to help European Asset Managers grow their ESG operations and get a clear picture of investor demand and market trends.
The dashboard is made up of an interactive data tool, an interactive report, and raw data files. These components work together to provide detailed and in-depth insights into the ESG investing landscape and sentiment among European institutional investors, individual investors and distributors.
The tool is based on confidential data collected from 3,354 respondents in a total of eight European nations: the UK, Switzerland, France, Netherlands, Germany, the Nordics, Spain, and Italy. Respondents include 720 European institutional investors, 320 distributors, 1,994 individual investors and 320 asset managers.
The tool, which is supported by an interactive report titled The ESG Opportunity in Europe, allows users to identify trends and developments that are specific to a given country and investor, and it allows Asset Managers, Owners, and Distributors to benchmark themselves against other companies in their respective industries.
PwC global asset and wealth management research centre leader Dariush Yazdani says: “As regulators and society increasingly urge investors to incorporate sustainability considerations within their investment policies and operations, managers will see a continued surge in demand for ESG products in the coming years. Managers looking to seize the ESG opportunity should strive to holistically and consistently incorporating ESG across the board, viewing their entire operations through an ESG lens and adopt an all-encompassing approach to ESG, one that ranges from implementing sustainability into their product offering, all the way to assessing the sustainability metrics of their entire business structure.
PwC financial services market leader Olivier Carré says: “This report highlights a historic asset and sentiment shift within Europe’s Investor bases, one which has seen ESG evolve from a ‘nice to have’ for the most sustainability conscious investors to an all-encompassing paradigm shift across Europe’s traditional investment landscape. Regulatory developments are a primary driver behind this growth and have led to the foundation for ESG standards to become increasingly extra-territorial.
“We are already seeing likely international regulation following the EU’s example in this regard, particularly in light of mounting global political commitments towards tackling ESG and sustainability issues. As regional regulations become increasingly stringent and as efforts towards the development of global ESG standards intensify, Managers – especially those willing to compete at a global level – will be pushed towards an all-encompassing alignment of their products and operations with ESG.”
