Index Industry Association Survey Finds Better Corporate Data Needed for Asset Managers to Offer Better ESG Investment Products
This is among the key findings of a recent survey of 300 U.S. and European asset managers sponsored by the Index Industry Association (IIA) in the report Measurable Impact: Asset Managers on the Challenges and Opportunities of ESG Investment.
- This is among the key findings of a recent survey of 300 U.S. and European asset managers sponsored by the Index Industry Association (IIA) in the report Measurable Impact: Asset Managers on the Challenges and Opportunities of ESG Investment.
- Better corporate data leads to better benchmarks, which allows asset managers to offer better investment products, said Rick Redding, CEO of IIA.
- The survey highlights that, while there is growing global demand for ESG investment products, a lack of corporate data reporting standardization and the complex array of ESG reporting organizations leaves ESG investors wanting more clarity about the available investment products.
- The survey, which was sponsored by the IIA, identified a series of challenges to creating better ESG products for investors.