Sustainable Finance

MFA is working closely with its members and allocators of capital to promote demand-driven approaches to incorporating Environmental, Social, and Governance (ESG) factors into the investment process. MFA regards ESG as a growth area in investing and welcomes proposals that encourage more transparency and awareness of ESG factors, so that investors have the choice to express preferences for sustainable investments. However, MFA cautions against overly prescriptive measures obligating asset managers to include ESG in investments if they do not reflect the preferences of underlying investors such as pensioners and life insurance companies.