Survey Finds 1 in 5 Family Offices Allocate Half to ESG

A new survey shows that nearly 20% of family offices worldwide now allocate at least half their portfolios to environmental, social and governance (ESG) investments, with 60% committing a minimum of 10%. The Sustainable Finance Initiative (SFI) said Hong Kong is set to benefit as a hub for family offices and impact investment, supported by mandatory ESG disclosures, a 29% rally in the Hang Seng Index this year and a rebound in initial public offerings. SFI CEO Katy Yung noted that family offices are refining strategies to achieve both financial returns and social impact. Surveyed family offices favoured Asia-Pacific, nature-based solutions, and alternatives such as private equity and direct investments.