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  • 15-04-21

    Leaders in sustainable investment to meet in Riyadh to discuss several topics

    (MENAFN)Thought leaders in sustainable investment are going to meet via online assembly in Riyadh to discuss one of the most important topics in the world of finance, the move to environmental, social and governance (ESG) benchmarks by big global investors.

    The meeting is going to concentrate on sustainable investment in the post-pandemic recovery, and the role of rising markets like Saudi Arabia within the new investment philosophy.

    ESG investing has recently increased, attracting hundreds of billions of dollars into funds that vow to weigh broader considerations when deciding where to store their money.

    “Although ESG has proven its worth, much remains to be done to ensure we use it to its full potential. The low level of inclusion and participation of emerging markets in the development of ESG frameworks is counterproductive to global sustainability,” stated Richard Attias, chief executive of the FII Institute.

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