Socially Responsible Investing (SRI) is on the rise. A growing number of investors are avoiding destructive businesses that have a reputation for exploiting people and the planet—preferring instead to reward companies that practice sustainability.
An increasing number of purpose-driven investors are experiencing financial gain as a result of pursuing a social/environmental return on their investments.
The future success of financial and wealth management advisors will depend heavily on their ability to support clients who prefer purpose-driven investing—which focuses on ESG (Environmental, Social and Corporate Governance) initiatives, and SRI (Socially Responsible Investing).
This movement toward sustainable investing will only continue to grow.