Morgan Stanley’s Institute for Sustainable Investing issued a new report titled “Only Human” that looks at the behaviours that may act as roadblocks for making sustainable investment decisions.
Sustainable investing has become more popular as investors look for a way to do good, financially and socially. In fact, in one of the world’s largest CEO studies to date, 93% of CEOs polled regarded sustainability as “important” or “very important” to the success of their business.
Audrey Choi (pictured), CEO of the Morgan Stanley’s Institute for Sustainable Investing, said: “Behavioral economics research shows we’re more likely to respond to things that are immediate and dramatic, that are seen, felt, and experienced first-hand. And our investment choices are not immune. But the good news is that if we are aware of these biases we can address them, therefore helping to break down some of the mental blocks we as investors might have in considering sustainable investing strategies.”
It can be difficult to make that leap if you’re not sure where to start. Morgan Stanley’s new report shares some tips on how to get started, including:
– Take the time to carefully chart a course for an investment strategy alongside articulated impact goals.
– Try easing into a sustainable investment strategy by allocating only a percentage of total assets. Or alternatively, identify a particular issue on which to focus, like energy, sustainable agriculture, or gender issues.
– Be mindful of how emotions and near-term influences can affect decision-making, and maintain focus on the long-term goals.
Download the report here.
Like our Facebook Page
Can You Maximize Your Profits While Investing Ethically?
Environmental Benefits of Living in Miami. Why Is It Worth Moving There?
5 Ways To Shift To Green Energy At Home
Advantages of Free-Range Farming for Eco-Friendly Consumers
What is Eco-Friendly Investing and How Can You Embrace It?
Green Software Ideas to Implement with an Offshore Development Team
5 Things Eco-Conscious Consumers Should Know About Private Wells
The True Environmental and Social Costs of Mined Diamonds
20 Incredible Facts Eco-Tourists Should Know About Dubai
5 Massive Benefits of Turning to Renewable Energy
6 Tips For Getting the Most from a Solar-Powered Home
7 Excellent Ways to Live a Greener Lifestyle in 2021
How the Property Industry Is Embracing Eco-Friendliness Across the Board
Sustainability in Construction: Methods to Mitigate Environmental Impacts
New Company is Driving ESG Infrastructure Development in Mining
10 Tips to Turn Your Next Holiday into an Eco-Friendly Celebration
4 Benefits of Commuting with a Bicycle as an Eco-Friendly Consumer
Some Important Facts about Eco-Friendly Glass Railings
Impact Proof of Stake Ethereum Mining on Power Industry Sustainability
7 Business Survival Guidelines All Eco-Friendly Entrepreneurs Must Follow
- Features10 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Energy6 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features5 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Features10 months ago
5 Simple Ways To Create A Greener And Healthier Home