Social Investing Grew to $23 Trillion in 2016
thinkadvisor.com | Published March 31, 2017
Global assets professionally managed under sustainable and responsible investment strategies soared to $23 trillion in 2016, a 25% increase from 2014, the Global Sustainable Investment Alliance reported this week in its biennial review.
Responsible investment now accounts for 26% of all professionally managed assets globally, according to the review.
Several GSIA members reported that consideration of fiduciary duty was an important driver for sustainable investing, along with client demand, the organization said in a statement.
Other research has found that U.S. investors demand consideration of environmental, social and governance factors.