Going green and why it’s gaining ground in the world of investing
Date Posted: Tue, 24 Mar, 2020
Marc Beattie, Chief Operating Officer, Arlo Wealth, breaks down why sustainability is increasing in prominence in the investment space.
The extreme weather events across the globe and Thunberg-inspired climate protests have served to further ensure matters of sustainability remain at the top of the news agenda. From the food we eat to the clothes we wear, as a society, we have never been more conscious of the impact our actions have on the world around us; and we expect the brands we spend our money with to share in our values. From the conversations we are having with clients, financial services are no exception to this as people look to save and invest in ways that can have a positive and sustainable impact on the world.
Sustainable investments are nothing new, but how it’s defined is definitely changing. It used to involve simply excluding certain shares – namely guns, oil, coal and tobacco. Now, it’s more a proactive effort that is influencing companies to adopt planet-friendly policies or champion diversity in their leadership teams. Companies like Shell are prime examples of those which have sought to change their image by shifting their focus from ‘Big Oil’ to putting sustainability at the heart of everything they do.