Sovereign asset managers raise ESG focus in wake of COVID-19, finds Invesco survey

Sovereign asset managers raise ESG focus in wake of COVID-19, finds Invesco survey

Photo by Micheile Henderson on Unsplash

Around a third of central banks and sovereign wealth funds have raised their focus on environmental, social and governance issues over the past year as the COVID-19 pandemic highlighted issues ranging from carbon emissions to inequality, an Invesco survey found.

A total of 63% of central banks responding to the survey felt tackling climate change fell within their mandate, with nearly half believing that mitigating the consequences of climate change should be a monetary policy objective.

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