The survey also revealed U.S. asset managers agree that sustainable investing is no longer viewed as a fad, with 89% of respondents arguing that it is here to stay and 63% anticipating continued growth in the next five years.
Many previously believed it was a fad with no real investment backing, but more academic studies and historical evidence show that there is a financial case for sustainable investing. Around 82% think strong ESG practices can lead to higher profitability and that companies with such practices may be better long-term investments. Additionally, 62% participants believe that it’s possible to maximize financial returns while investing sustainably.
Looking ahead, 89% of respondents said they will devote more resources to sustainable investing over the next two years.
For more information on sustainable investments, visit our socially responsible ETFs category.
