#177: Increasing Concern Over Climate Change May Be Driving Increase In Sustainable Investing
December 11, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1sdU9sq. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Sustainable investing is growing at an accelerating rate, according to a recent report on trends from the US SIF or The Forum for Sustainable and Responsible Investment. CEO Lisa Woll explains, “US assets invested in SRI [socially responsible investments] have grown 76 percent in the past two years.” She noted that it was the “largest increase that we have seen since we began publishing these reports in 1995.” She further noted that climate change is getting more attention in investment circles. Environmental, social and governance criteria among investors are also gaining traction. “Investment firms are beginning to believe their duty is to look at both a company’s financial performance and its commitment to ESG issues.” Please consider whether a friend or colleague might benefit from this piece and if so, share it.