1、 2022 Boston Consulting Group1Fixing the Great Disconnect in SustainableInvestingThe BCG Value Creators Report 2022DECEMBER 15,2022 By Jody Foldesy,Gerry Hansell,Jeff Kotzen,Jesper Nielsen,Alexander Roos,Douglas Beal,and Hady FaragCorporate leaders have a pivotal role in bridging the divide betweeni

2、nstitutional sustainability commitments and day-to-day investing practices.For companies across the globe,pursuing sustainability oen involves difficulttradeoffs between longer-term opportunities and near-term costs.Investor supportis critical to striking the right balance.It gives management teams

3、confidence that 2022 Boston Consulting Group2capital markets will reward them for investing in sustainability through highershare prices and total shareholder returns.It also gives them time to deliver ontheir sustainability strategies without disruption from activist attacks or takeoverbids.On the

4、surface,investors support for sustainability appears strong.Leaders of topinvestment firms have voiced strong support for prioritizing long-termsustainability over short-term returns and profits.However,these top-of-the-housecommitments by investment firm leaders are not fully reflected at the rockf

5、ace ofinvestment decisionsa phenomenon we call the“great disconnect.”BCGs research over the past several years provides evidence of such a disconnect.In surveys and interviews,portfolio managers and analysts have told us that theyremain primarily focused on traditional investment considerations,espe

6、ciallypotential returns from medium-term growth and profitability improvement.Theypoint to a lack of clarity about financial returns as the most important impedimentto giving sustainability greater consideration in day-to-day investment decisions.Inturn,corporate executives are oen uncertain about w