Clients perceive sustainable investing to be “confusing” and there has been a sharp decline in ESG investment appetite, delegates heard at the Sustainable Investment Festival.
Speaking at the event today (June 15), Boring Money founder Holly Mackay said there was a "muted appetite" for sustainable investing as the criteria has "fallen in importance". Less than a quarter (24%) of people are choosing to invest sustainably and back socially responsible firms when investing in a new product, compared with 26% last year, and 31% in 2021, according to a study in January 2023 by Boring Money among 6,000 UK adults. SIF 2023: Only 15-20% of firms with 1.5°C targets will meet them Meanwhile, the number of users searching for ‘green/ethical' filters on Boring Money...
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