From January through April of this year, $12.2 billion flowed into ESG funds – which was more than double the amount that flowed in during that same time period in 2019.
Experts anticipate that Responsible Investing will dominate the investment space in the new decade and that Asia is poised to be the frontrunner.
Bloomberg announced the launch of the new equity benchmark which includes large-cap, growth, value and dividend indices.
Millenials are credited for being behind the steady increase in socially responsible investing but a recent study shows other generations also find it to be of importance.
With all the changes in the world today, consumers are becoming more and more knowledgeable on the companies with which they choose to interact and do business.
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.