Public views on ethical investing
Times reader survey: ‘It enables you to take care of others by using money wisely’
Financial expert Holly Mackay asked Times readers for their views on ethical investing. Most are in support, but some remain sceptical
March 27 2019, 12:01am, The Times
The environment is the No 1 concern for Times readersGETTY IMAGES
With half of institutional investors in the UK and Europe expecting to have more than 50 per cent of their assets managed under environmental, social and governance (ESG) criteria within five years, a shift to make these filters a fundamental part of investment management is gaining pace.
Research recently conducted with readers of The Times shows that out of the boardroom ethical investing polarises opinion, with passionate advocates in the “for” camp and deep scepticism in the “against”. Sceptics describe it as “left-wing nonsense”, “like losing your shirt” and “not something I consider when investing because I am looking for the best returns”. Those who advocate it say that it brings them “peace of mind”, giving them “a way to make the world a better…see more here