(Opalesque) Investor interest in ESG is driving change in Luxembourg, according to delegates at the latest Opalesque Luxembourg Roundtable. Delegates say investors are already asking for enhanced disclosures that address ESG issues – a trend which is only likely to get more pronounced as millennials take over positions of power. “By the year 2025, a whole different generation of people will be making investment and business decisions,” says Mike Hornsby of EY. “They will be looking for more ESG information, data and processes. I see this trend in my own client base today where sustainability data on real estate assets, governance considerations, benchmarks, social considerations, and such things are all becoming more mainstream. ESG factors will become a part of the core business and not a niche product anymore.”
Investor Focus On ESG Spurs Change In Luxembourg
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