The soar of the sustainable assets

Autore: Pasquale Giunta, M&A Senior Associate

In the last few years, we have been shown an increase of investment in the so-called SRI “Sustainable and Responsible Investment”. These investments are qualified by three main keys: generating return for investors in the long-run and selecting securities by ESG criteria (they must take into consideration environment, governance and social impact). According to the Global Sustainable Investment Alliance 30,7 trillion have been invested, with the majority of them are invested in Europe (46%), followed by the Usa (39%). A fundamental role will be taken by the SFDR (Sustainable Finance Disclosure Regulation) that is going to be issued on 10 March by three European Supervisors (ESMA, EBA and EIOPA). Since that day, banks and funds management must enhance the transparency toward customers regarding the social impact that their securities held or purchased may have. PWC estimated that the total asset detained by the Sustainable Fund will be 57% of the European Mutual Fund within 5 years.