Scoring ETF Providers on ESG, Stewardship: Sage Surveys The Industry
This year’s survey shows positive trends among ETF issuers in regards to voting practices; diversity, equity, and inclusion (DEI); and the structure of stewardship teams.
The survey included responses from 17 ETF providers, together totaling a collective $24 trillion in assets under management, of which their ETF assets represented $3.7 trillion. That represents roughly 56% of the total U.S. ETF market, and 86% of the U.S. ESG ETF market.
The biggest gain was seen in disclosures and transparency, with 71% of respondents receiving a passing grade this year, compared to 36% last year. Another bright point was in diversity and inclusion. 88% of respondents had a perfect A score, and more than 94% of ETF providers had independently stated DEI policies.