More than 90% of executives are expecting to meaningfully increase their spending this year on ESG data, with the vast majority believing that ESG data investment is required to keep pace with competitors or to develop a competitive advantage, according to a new survey by business and financial markets information service provider Bloomberg and capital markets consulting and research firm Adox Research. According to the authors, they surveyed for the study over 100 portfolio managers, climate risk executives, and data management executives across North America, Europe, the UK and Asia Pacific.