NO.PZ2022120703000056
问题如下:
Which of the following statements about ESG integration is most accurate?
选项:
A.More firms integrate ESG into the investment process to lower investment risk than to enhance returns B.Asset managers should incorporate beneficiaries' sustainability-related preferences only if they are financially material C.Alternative asset investors are more likely to integrate ESG into their investment processes than fixed income investors解释:
A is correct because "many investors seek to integrate ESG into investment processes to better understand and lower investment risk. Some also seek to enhance returns via ESG by seeking higher alpha. Recent surveys suggest that more firms do so to lower the risk rather than enhance returns, but some firms do both."
B is incorrect because UN PRI argues that the fiduciary duties of investors require them to... "understand and incorporate beneficiaries’ and savers’ sustainability-related preferences, regardless of whether these preferences are financially material."
C is incorrect because "a significant number of investment professionals still do not integrate ESG. According to a 2017 CFA Institute global ESG survey, 24% of equity investors, 55% of fixed income investors and between 79% and 92% of alternative asset investors (across private equity, real estate, infrastructure and hedge funds) do not integrate ESG into their processes."
如题