A recent survey of 857 investors based here in the United Kingdom has uncovered their attitude towards environmental, social, and corporate governance (ESG) investing, along with their view of the government’s current climate policy.
The research revealed that around 45% of UK investors stated that sustainable investing was of importance to them, although there was a notably difference in attitude depending on age. This statistic increased to around 60% among investors in the 18 to 34 age range compared to 30% for those who were age 55 or over.
Only 28% of respondents said that the recent COP26 talks in Glasgow and the government’s present stance regarding climate change had accelerated their personal plans for making ESG investments. Meanwhile, under a third (around 31%) of those surveyed commented that they felt the government was taking sufficient action to encourage consumers to make ESG investments.
Even fewer investors, around 19%, considered ESG investing to be a sound financial strategy at the present time. Despite this low figure, about 33% admitted that they plan make a new investment, or increase an existing investment, in an alternative or green energy offering within the next year. Examples of renewable energy sources considered included water stocks, solar energy and wind power.
Consumers seeking investment advice in Chester, Glasgow and other key cities often consult wealth management firms regarding ethical investing, which has grown in popularity considerably in recent years. Certified advisors can help clients assemble a portfolio of assets that reflects their personal views and attitude towards sustainability.