The amount of ethical finds has trebled in the last decade to £19 billion. Yet ethical funds remain a small part of the investments landscape representing under 2% of funds under management.
A Morgan Stanley study found that three quarters of private investors were interested in sustainable investing, especially amongst millennials.
Ethical investment hasn’t emerged in a vacuum. The 2015 Paris climate agreement set ambitious targets for governments across the world to combat climate change and the UN Global Compact established a framework to encourage business to adopt socially and environmentally responsible policies.
Female investors are more likely to invest ethically than their male counterparts according to Hargreaves Lansdown. About 13% of their female clients hold at least one ethical fund in their Isa compared with 9% of men.
Recently large pension funds have become enthusiastic. Last Year Black Rock announced their intention to turn the world’s largest asset manager into a global leader in sustainable investing.
She Business invites you to our the latest event, sponsored by Louise Woollard Financial to learn more from Emma Hunt – Head of Responsible Investing at St. James’s Place Wealth Management.