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ESG talent shortage hindering sustainable investing in Asia: HSBC

Jovi Ho
Jovi Ho9/22/2021 5:23 PM GMT+08  • 2 min read
ESG talent shortage hindering sustainable investing in Asia: HSBC
Over 40% of institutional investors in Asia say staff shortages are holding back ESG investing, up from 26% in 2020.
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Over 40% of institutional investors in Asia say they are being held back from more environmental, social and governance (ESG) investing due to a shortage of expertise or qualified staff, according to HSBC’s Sustainable Finance and Investing Survey 2021.

The figure is up from 26% in 2020, and is now the most common reason Asian investors point to when asked what is holding their firm back from pursuing ESG investing more broadly and fully.

The survey also showed that only 39% of investors in Asia have a firm-wide policy on responsible investing or ESG issues. This compares to 91% and 72% in Europe and the US respectively.

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