Fewer than half of HNW individuals invest in ESG over return concerns

Fewer than half of high-net-worth individuals (HNWIs) are investing in environmental, social, and governance (ESG) due to scepticism and perceived lack of returns, according to the third edition of the Saltus Wealth Index. Fewer than half (44%) invest in ESG, but there are rising levels of scepticism around the robustness and legitimacy of green and social impact funds. Saltus surveyed more than 1,000 people in the UK with investable assets of £250,000 and found that the majority (80%) do not see climate change as a priority. The level of returns generated from ESG, cynicism, and m...