Majority of Middle East’s wealthy plan to increase sustainable investments
Eighty-one per cent of regional HNW investors already consider sustainability and ESG when making financial decisions, according to Lombard Odier
About 85 per cent of high-net-worth investors in the Middle East intend to increase their exposure to ESG (environment, social and governance) and sustainable investments in the future, according to a survey by Geneva-based wealth and asset manager Lombard Odier.
Eighty-one per cent of regional HNW investors said they already take sustainability and ESG into account when making investment decisions, according to the survey, which polled 300 HNW investors and business owners from the UAE, Saudi Arabia, Kuwait and Oman, among others.
“There has been a surge in interest in this type of investment after reading about climate change in the media and social networks,” Arnaud Leclercq, partner holding privé and head of new markets at Lombard Odier, said.
Source: National Business