News Analysis
Environmental, social, and corporate governance (ESG) investing has not only become a popular investment trend but also a new front in the culture wars. Market predictions show that global ESG-mandated assets will reach $55 trillion in 2022 and close to $100 trillion in 2025.
But has the recent spike in ESG investing driven by market demand or something else?
According to a survey (pdf) by Consumers’ Research, 76 percent of retail investors say that they use their investment income mainly to save for retirement or long-term financial stability and to supplement their income. Only 3 percent of retail investors use their investment income to promote sustainability, and only 2 percent use it to make social change….