Demand for ethical investments rising worldwide - report
Responsible investment is capturing a greater share of the market and forcing change in corporate and government behaviour, according to a new report.
The biennial
Global Sustainable Review showed that more than a third of funds under management globally were in sustainable based investments, having risen 15 percent over the past two years to be worth $US35 trillion worldwide.
Responsible Investment Association of Australasia chief executive Simon O Connor said the trend had grown and was reshaping the investment sector. This growth is being fuelled by rising consumer expectations, strong performance and the increasing materiality of social and environmental issues - from biodiversity to racial equity to climate change.
Sustainable investment assets hit $35 trillion, 36% of all managed assets
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