Wealthy and young investors are driving shift towards ESG

Pedro Gonçalves
clock • 2 min read

The idea of applying ESG criteria to the investment process is increasingly gaining momentum among HNW investors, according to Cerulli Associates. In its latest report, the Boston-based research firm reveals that the demand for investments that consider environmental, social and governance (ESG) criteria is gaining traction with HNW investors. In particular, it reports that 58% of HNW advisory practices are planning to increase their ESG allocations in the year ahead. "The concept behind ESG resonates with HNW investors due to their comfort levels in investing in innovative areas t...

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