Socially Responsible Investing (SRI) has grown rapidly at a steady pace over the last decade and currently accounts for nearly $30 trillion of the investable assets.
Trump is well known for his skepticism of climate change which ironically has led to an increase in socially responsible investments.
ESG investments were once considered risky niche investments – but that’s no longer the case. They currently account for over $20 trillion of assets under management.
Alex Bernhardt, Senior Responsible Investment Consultant at Mercer, says poor performance because of responsible investing is a myth that needs to be ignored.
More than one-quarter of the U.S. investable assets managed by professionals used sustainable investing strategies.
A partnership between the College for Financial Planning and US SIF: The Forum for Sustainable and Responsible Investment has led to a new certification.
ESG investing has been gaining strength and assets on a steady basis since the financial crisis in 2008.