Sustainable investing essential to value creation, but barriers remain

  • Date: 27-Jul-2022
  • Source: Gulf Today
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Sustainable investing essential to value creation, but barriers remain

Sustainable investing is a high priority today and will continue to be in 2030 across the private and public sectors, but it faces various barriers, according to a study conducted by Bloomberg Media. The report, launched on Wednesday and sponsored by Mubadala Investment Company, found 79 per cent of respondents globally place sustainable investing as a high priority with that figure rising to 86 per cent in the United Arab Emirates. The Sustainable Future Study polled over 800 global business decision makers from the UK, China, France, the US and the UAE. It examines the Environment, Social and Governance (ESG) investment landscape and where it is heading by the end of the decade. It shows that ESG is no longer a ‘nice-to-do’, but an integral part of investment decision making, driving a sustainable future, shareholder value, and overall returns. In the UAE 69 per cent of respondents agreed that governments and companies who choose not to invest with ESG in mind will be left behind. Globally, 86 per cent of all respondents feel that investing is a powerful driver of a more sustainable future while over half (55 per cent) see the Environmental aspect in ESG contributing the most to