More institutional investors use ESG factors but firms' disclosure found wanting: EY

Singapore

INSTITUTIONAL investors are increasingly using environmental, social and governance (ESG) factors in their investment decisions, but are finding companies sorely lacking in their non-financial disclosure. Even among companies which do disclose this, information shared is often different and therefore does not allow for comparison, a EY report has found.

EY last year surveyed over 320 institutional investors - of which a third manage more than US$10 bil…