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Over 90% of financial institutions acknowledge impact of sustainable investments, says FIS's Global Innovations report ESG Investment

Over 90% of financial institutions acknowledge impact of sustainable investments, says FIS's Global Innovations report

India Blooms News Service | @indiablooms | 03 Jun 2023, 02:00 am

Financial services firms worldwide recognize ESG as a powerful tool to enhance competitiveness, attract increased investment, and foster sustainable development, according to Global Innovations Report (GIR) by FIS Global.

The Global Innovations Report reveals that 90% of financial services institutes acknowledge the potential of Environmental, Social, and Governance (ESG) to attract more investing opportunities.

Leveraging this trend, FIS is strengthening its technological capabilities to bolster its ESG reporting and disclosures, empowering clients to access comprehensive and transparent ESG information.

With 89% of these firms investing in technology to provide detailed ESG ratings for assets and securities, FIS is at the forefront of this movement, employing advanced technology to offer investors granular ESG ratings.

Basis these ratings, investors can make informed decisions and align their portfolios with their sustainability goals.

As we celebrate World Environment Day, it is evident that ESG investing has emerged as a catalyst for positive change and sustainable growth.

Leading financial services firms and technology pioneers, such as FIS, are championing this transformation, propelling ESG investing to revolutionize the finance industry.

By embracing environmental, social, and governance factors, let's foster a more sustainable, inclusive, and prosperous future for all.