HSBC Survey Indicates a Shifting ESG Landscape in the U.S.

HSBC’s recently released ESG survey indicates a rise in anti-ESG sentiment in the U.S. The survey, conducted from May to June 2023, polled 310 ESG professionals, representing 292 institutions with a collective $8.9 trillion in assets. In North America, nearly a quarter of respondents considered sustainability to be a primary or secondary objective, compared to 37% of respondents last year. Furthermore, about 44% of North American respondents reported a weakening in their motivations for implementing an ESG strategy.

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