“Young investors’ zeal for ESG (environmental, social, and governance) began to wane in 2023. In the latest survey, conducted in the fall of 2024, it fell off a cliff. In 2022, for example, 44% of young investors thought it was ‘extremely important’ for investment companies to use their size and voting power to influence the environmental priorities of their portfolio companies. The following year, 27% felt that way. This year? A mere 11%.”

[COMMENTARY] This survey is fascinating, though it might not represent young investors globally. Also, it contrasts with what companies say and do: See 85% of Executives Commit to Climate Disclosures, Regardless of Political Changes: Workiva Report.  Executives say it’s investors and other stakeholders demanding ESG information on their companies.
Young Investors’ Support for ESG Dropped Dramatically in 2024, by Alexander Gelfand, January 15, 2025, Stanford Business, USA.