Investors have been withdrawing money from ESG-focused funds in the U.S. for the past eight quarters.
Despite political opposition to ESG investing, the use of the strategy is increasing, according to a company survey.
The investment giant offered individual investors the chance to express their views on big shareholder issues.
Bank financing for both fossil fuels and low-carbon energy actually declined in 2022.
ESG fund flows have showed signs of cooling against a backdrop of continued political attacks and disappointing returns.
Despite outflows and political pressures, Neuberger Berman believes ESG strategies are here to stay.
Globally, so-called ESG Leader companies generated average annual returns of 12.9% over nine years compared with 8.6% for Laggards.
Asset managers are pushing back more successfully against proxy proposals from climate and social activists.
This year's proxy season is shaping up to be a real doozy.
Does the world really want - or need - more broadly targeted ESG ETFs?