Shinbo Won, Director, Investment Stewardship, agrees businesses “have to be focused on sustainability”.
“It strengthens our view that a lot of the research out there supports sustainability,” he says. “[Research shows] the efforts these companies are making toward sustainability ultimately lead to better financial performance.”
Bankers are seeing the same impetus: ANZ Head of Sustainable Finance, Katharine Tapley, says she has noted a stark shift in dialogue when dealing with clients and investors.
“Investors are increasingly asking their companies that they invest in to demonstrate how it is that they are transitioning to a low carbon economy, transitioning to a more sustainable economy,” she says.
“From both ends of the spectrum we're seeing this become a very key driver.”