Since the publication of the EU Action Plan on Sustainable Growth in 2018, financial institutions have been inundated with sustainability regulations. So much so that the term ESG burnout has emerged in recent years, with industry website Ignites publishing an article titled ESG teams ‘demoralised’, ‘depressed’ and ‘overworked’. Regulation has proven to be a significant contributing factor. The full article is only available in Dutch.
Operate efficiently or step aside
The years of easy, high-margin wins for asset managers is over. Welcome to the reality...