10 Signs that SRI Investing is Hitting a Tipping Point
US Trust study finds 85% of millennials want to invest with purpose.
The US Sustainable Investment Forum reports 33% growth in SRI strategies in two years’ time from 2014 to 2016.
The same report suggests that SRI filters apply to just under 20% of US equity assets, but there’s good reason to believe that we’re still in the early innings of this ballgame. For comparison, Bank of America Merrill Lynch report suggests that in Europe, SRI allocations are closer to 60%.
GA Institute reports that the percent of S&P 500 companies publishing a sustainability report has gone from 20% to 82% between 2011 and 2016.
The Ford Foundation committed $1 billion to mission-related investments.
Japan’s Government Investment Fund recently allocated 1 trillion yen ($8.9 billion) to socially responsible investments. Ho-hum say the Norwegians, the world's largest sovereign wealth fund instituted their ethical guidelines in 2004.
America’s largest asset owners, including Blackrock and even sleepy Vanguard, are stepping up their commitments to shareholder advocacy on ESG issues.
The Department of Labor now has clear guidance that ESG can and should be considered in employer sponsored retirement (e.g. 401k) plans.