{"id":165160,"date":"2020-02-18T08:30:23","date_gmt":"2020-02-18T13:30:23","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=165160"},"modified":"2020-02-18T07:50:21","modified_gmt":"2020-02-18T12:50:21","slug":"responsible-and-sustainable-investing-the-new-norm-in-less-than-five-years","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/02\/responsible-and-sustainable-investing-the-new-norm-in-less-than-five-years\/","title":{"rendered":"Responsible and sustainable investing the \u2018new norm in less than five years\u2019"},"content":{"rendered":"<div id=\"inves-1892742422\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 18, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By George Prior <\/strong>&#8211; Environmental, social and governance (ESG) investing will be \u201cthe new norm in less than five years\u201d, affirms the CEO of one of the world\u2019s largest independent financial services and advisory organizations.<\/p>\n<p>The bold prediction from Nigel Green, chief executive and founder of deVere Group, which does business in 100 countries, comes as Amazon boss Jeff Bezos commits $10bn to fight climate change.<\/p>\n<p>Mr Green notes: \u201cResponsible and impactful investing is already fundamentally reshaping the global investment landscape.<\/p>\n<p>\u201cIt is the trend that will define the 2020s \u2013 so much so that I\u2019m confident that environmental, social and governance (ESG) investing will be the new norm in less than five years.\u201d<\/p>\n<p>He continues: \u201cThe growth in responsible investing will be driven by demand by both retail and institutional investors.<\/p>\n<p>\u201cGlobal awareness has skyrocketed about environmental, social and governance considerations over the last 12-18 months, in part due to the activism of the likes of Greta Thunberg, Extinction Rebellion and Jane Fonda, and due to the growing media coverage of climate change and its serious effects.<\/p><div id=\"inves-2845781896\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>\u201cAs a result, these issues now sit at the heart of the investment decision-making process amongst eight out of 10 millennials, according to a recent deVere survey. Some argue this is likely to be even higher for Generation Z.\u201d<\/p>\n<p>This is of major consequence due to the Great Wealth Transfer. \u201cThis will see an estimated $68 trillion pass down from baby-boomers to millennials over the next couple of decades \u2013 and it could make them even richer than previous generations. It\u2019s expected that this significant wealth transfer will begin in the next few years,\u201d affirms the deVere CEO.<\/p>\n<p>Currently, the U.S. and Europe lead the charge in ESG investment, with 80% of the responsible-investing market.\u00a0 Asia is currently lagging behind. But, says Mr Green, this could change and will further fuel demand.<\/p>\n<p>\u201cBy 2025, Asia will be home to 33 of the world\u2019s 49 megacities, according to Global Data. The rise in the number of megacities \u2013 cities in which there are more than 10 million permanent residents \u2013 will be fuelled by millennials who seem to be fully on board with ESG.\u201d<\/p>\n<p>\u201cIn addition, ESG investing will allow governments across Asia to realise some of their wider major policies. These include shrinking labour forces and weakening economic growth, migration, and global low-carbon transition threats.<\/p>\n<p>\u201cDemand for ESG-related strategies will go stratospheric when Asia goes full throttle into this direction, which it will do.\u201d<\/p>\n<p>Nigel Green goes on to say: \u201cAs the sector develops around the world, naturally, institutional investors will pile in, bringing with them their institutional capital and institutional expertise. This will act as a further catalyst for the ESG investment arena.\u201d<\/p>\n<p>He goes on to say: \u201cOne of the most compelling reasons why responsible investing will be the defining trend in less than five years is due to an increasing amount of evidence and ongoing research that ESG-related strategies can regularly outperform the market.<\/p>\n<p>\u201cIt would not be unreasonable to assume that those companies that offer ESG-compliant investment could ultimately become some of the world\u2019s most valuable companies.\u00a0 Could they take over from the current big tech firms? I would not be surprised.\u201d<\/p>\n<p>The deVere CEO concludes: \u201cThe investment world is evolving perhaps more rapidly than it has in decades due to the rise and rise of responsible and impactful investing.\u201d<\/p>\n<p><strong>About:<\/strong><\/p>\n<p>deVere Group is one of the world\u2019s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.\u00a0 It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By George Prior &#8211; Environmental, social and governance (ESG) investing will be \u201cthe new norm in less than five years\u201d, affirms the CEO of one of the world\u2019s largest independent financial services and advisory organizations. The bold prediction from Nigel Green, chief executive and founder of deVere Group, which does business in 100 countries, comes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-165160","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=165160"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165160\/revisions"}],"predecessor-version":[{"id":165161,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165160\/revisions\/165161"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=165160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=165160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=165160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}