The report added: "The transition issue has a bearing on the investment styles preferred. Some 45 per cent are using active equity strategies that specifically target allocations to transition-oriented companies, while 43 per cent are investing in green bonds or sustainability-focused bonds. This approach is again more popular in Europe and APAC."
Peppelenbos said: “The transition among corporates and others from brown to green, as they decarbonise, cannot take place without the active involvement of investors, rewarding those making the change and withdrawing support from the unwilling or reluctant.
"One interesting facet of this year’s findings is how investors in the Asia-Pacific region are forging ahead on sustainability, as they increase their support for the climate transition.”