Gustavo Bernal Torres
HSBC's 2021 Sustainable Financing and Investing Survey
The fifth annual global survey of 2,000 capital markets issuers and institutional investors, was conducted during May and June.
The results highlight the larger the size of company or investor (by annual revenues or assets under management), the greater the importance of environmental and social issues. Some 70% of issuers with revenues greater than $10 billion or investors managing over $25 billion see these issues as very important – significantly higher than the global average of 44%.
Half of issuers say that climate change is already affecting their business or activities – up from 37% last year and a three-year high.
An astonishing 94% of companies expect to move away from environmentally- and socially-challenged business models in the next five years. Companies are transforming their business models and capital allocation in response to climate change and this will accelerate: 70% of issuers are considering ramping up business activities that might benefit from climate change or starting new ones.