Pui Yan Leung | Outlook 2023: ESG investors shift focus to transitioning high-emissions industries, impact in 2023
This article first appeared in The Business Times.
Environmental, social, and governance (ESG) investment priorities in 2023 are shifting towards the transitioning of high-emissions industries and a focus on impact, fund managers and analysts told The Business Times.
Those themes are fuelled by inflation and a prolonged energy crisis, which increase the likelihood that the path towards a more sustainable world will be messy and more expensive, they said.
Our Partner Pui Yan Leung shares, “When a sector becomes popular, the knock-on effect means more startups will be incentivised to develop innovation solutions to address the evolving needs in the market. This represents more investable opportunities for venture capitalists and creates shifts in fund allocation.”
Read more here.