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
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years