Global sovereign wealth funds boost ESG investments to $22.7bn in 2021 – The National

Global sovereign wealth funds boost ESG investments to $22.7bn in 2021 – The National

Investments by sovereign investors globally into funds and companies following environmental, social and governance standards surged more than three times last year as government investment arms continued to add sustainability-linked assets to their portfolios.

Investments by sovereign wealth funds in the ESG space surged to $22.7 billion at the end of last year from $7.2bn reported in 2020, according to Finbold.com and data from industry tracker Global SWF.

The number of sustainability-linked investment deals at the end of 2021 also rose to 37 from 19 a year earlier.