Sustainable, responsible and impact (SRI) investing assets have grown by 76% in the US between 2012 and 2014, a report from the US SIF Foundation, the Forum for Sustainable and Responsible Investment in the US, has revealed.
The biennial report – US Sustainable, Responsible and Impact Investing Trends 2014 – found that assets managed with SRI strategies now account for more than one out of every six dollars under professional management in the US. This adds up to $6.57 trillion (£4.17tn), compared to the $3.74 trillion (£2.37tn) counted in 2012.
“The findings released today clearly demonstrate that investment decisions using sustainable, responsible and impact investing strategies are on the rise,” said Lisa Woll, CEO of US SIF and the US SIF Foundation.
“Sustainable investment strategies are being applied across asset classes to promote corporate social responsibility, build long-term value for companies and their stakeholders, and foster businesses that will yield community and environmental benefits.”
Much of the growth has been attributed to the expansion of investment funds that incorporate environmental, social and governance (ESG) factors into the decision making process. Over the two-year period, assets managed by investments firms considering ESG issues has grown more than three-fold.
Institutional investors, including pension funds, religious institutions and educational endowments, were also found to be increasingly applying ESG criteria to investment decisions.
During the survey one of the biggest concerns highlighted by money mangers and institutional investors was climate change, affecting $276 billion (£175bn) and $552 billion (£350bn) respectively. For the first time the report also tracked fossil fuel divestment polices, which now impacts ten of billions of dollars in assets.
The fossil fuel divestment campaign began in the US but has now spread to other countries, including the UK. In response educational institutions, religious groups, and charities have committed to cutting dirty energy sources out of their investment portfolios.
Photo: Tax Credits via Flickr
Like our Facebook Page
Emerging Research In Seagrass Restoration: What Does The Future Hold?
Sustainable Bites: How To Make Your Diet Eco-Friendly
Coffee Farms & Cloud Forests: Colombia’s New Eco Initiatives
Electric Cars: Are They Worth The Switch?
Maximizing the Efficiency of Deliveries: Strategies for Sustainable Businesses
The Rise of Sustainable Cloud Computing
Navigating Towards A Greener Future: Sustainable Practices In Maritime
5 Reasons That Diamonds Can Be Excellent Green Investments
Why Should We Invest in Eco-Friendly Homes?
Eco- Friendly Homes Integrating Environmental Consciousness into Modern Real Estate
The Future of Sustainability In The Logistics Industry
Can Eco-Friendly Businesses Embrace VPNs to Bolster Cybersecurity?
Doubt No More: Electric Vehicle Charging Dynamic Load Balancing Is The Answer
Fun Activities That Will Help Kids Appreciate Nature More
Eight Different Eco-Friendly Developments in the Food Industry
UK Lags EU in Installing Heat Pumps to Slow Climate Change
5 Key Areas to Look at When It Comes to Business Sustainability
Addressing Leadership Challenges in Green Entrepreneurship
Holding Eco-Friendly Coins is Greener and More Profitable
Eco-Friendly Airlines Use Weather Models to Make Safer Flights
- Features2 months ago
What is the Eco-Friendliest Option to Wash Your Dishes?
- Environment7 months ago
6 Home Improvements You Can Make to Help the Environment
- Environment11 months ago
How to Ensure Your Home’s Eco-Friendly During Construction?
- Business10 months ago
The Pulp & Paper Industry is Reaching its Sustainability Goals