ESG & Investing

‘ESG’ Is Too Important to Ax, Investors Say

BI survey shows vast majority of C-suites, investors back ESG
Survey findings come as ESG fund flows show a mixed picture

Using ESG metrics is now mainstream, according to 89% of investors who responded to a survey by Bloomberg Intelligence. — Using ESG metrics is now mainstream, according to 89% of investors who responded to a survey by Bloomberg Intelligence.
Photographer: Andreas Rentz/Getty Images

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Tim Quinson

November 8, 2023 at 12:00 AM UTC

Updated on

November 8, 2023 at 6:26 AM UTC

This article is for subscribers only.

As Republican legislators in the US try to wipe ESG off the map, most global investors and executives are acting as though those efforts will ultimately fail.

Using environmental, social and governance metrics is now mainstream, according to 89% of investors who responded to a survey published Wednesday by Bloomberg Intelligence. And 57% said the “ESG” label shouldn’t be replaced by something less incendiary, despite the backlash.