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Pressure on for fund managers to move to sustainable ESG models
More than half of East Africans reported to have experienced economic crimes including sustainability fraud in the last two years. FILE PHOTO | SHUTTERSTOCK
The investing landscape is changing in very profound ways, and I worry that asset owners and asset managers are not catching up quickly to some of the drivers of change, especially when it comes to sustainability.
Environmental, Social and Governance (ESG) risks are now one of the largest threats facing businesses, and they could have a significant impact on their long-term performance and profitability, including their ability to raise new capital.
