Investors like their money to make money. But increasingly, according to a new report from the Harvard Business Review, they expect it to do good, too. In 2010, environmental, social, and governance (ESG) investments made up approximately $3 trillion of all professionally managed assets. As of the beginning of last year, that number had quadrupled to $12
Socially conscious investing has gone mainstream. Many people now factor environmental, social and corporate governance criteria—the triumvirate that define so-called sustainable investing—into their portfolio decisions. And they’re not all millennial tree huggers. Schroders, a worldwide investment firm, reports that over the past five years, 70% of U.S. investors have increased their allocation to ESG investments.
In any industry, the guiding principle for a CEO is simple: Don’t run out of money. For established companies, this means managing profits and losses for the benefit of stakeholders; for growth-stage businesses, it means finding investors to finance your next big move. If balancing these goals is keeping you up at night, rest assured
In a recent client meeting, financial advisor Stephen Rischall got asked about how to invest in companies that support gender equality and women's issues in the workplace. Think of it as a #MeToo moment. "The client said that because of the attention on the #MeToo movement and the power behind it, he wanted to invest,"