ESG adoption gaining traction among investors – The Peninsula

  • Date: 02-Sep-2022
  • Source: The Peninsula Qatar
  • Sector:Oil & Gas
  • Country:Qatar
  • Who else needs to know?

ESG adoption gaining traction among investors – The Peninsula

The momentum around environmental, social and governance (ESG) is building in Qatar driven by several government initiatives, efforts to diversify the economy and increasing requirements for disclosure on sustainable activities and reporting. The ESG trend has the Middle East investment community buzzing with excitement, as ESG considerations are being increasingly factored into investments and emerged as the most common approach to sustainable investing, said Invest Qatar in its recent report.

The shift toward sustainability will fundamentally change how countries need to think about competitiveness and investment attraction, noted the report entitled ‘Road to ESG investing: Financing Sustainable Growth in Qatar’.

Acknowledging the significance of ESG in driving FDI and shaping the future of the investment landscape, the Investment Promotion Agency Qatar (IPA Qatar) pursues its crucial role of promoting and facilitating investment across sustainable development sectors in Qatar, in line with the Qatar National Vision 2030.

"Attracting sustainability-conscious investors, providing them with investment solutions, and connecting them with relevant stakeholders to channel their investments to lucrative opportunities remain at the core of IPA Qatar’s objectives," said the report.

The report provides an overview of the integral role of FDI in advancing sustainability initiatives and underlines the array of sustainable finance opportunities in Qatar. It