I had the privilege of presenting to the Italian IR society (AIR) yesterday, aiming to “Decipher ESG Passive Funds, Indices and the Rating Agencies.” Passive ESG funds are experiencing rapid growth across all regions, representing billions of euros in potential capital inflows for companies – a trend that is accelerating.

In Italy, we saw a 47% increase in ESG Passive AUM in the MIB last year, with Consumer, TMT and Healthcare experiencing the largest gains. Navigating Passive ESG Index Membership is a significant challenge, compounded by the intentional opacity of the rating agencies.

The IU Advisory Team is helping companies maximise their access to passive funds and optimise their engagement with these agencies.

It was a great discussion on a critical topic for IR professionals, as evidenced by the many insightful questions from participants – much appreciated!

Andrew Archer, Senior Partner – Head of Advisory & Sustainability