INVESTORS STILL WANT GREEN AND ETHICAL OPTIONS DESPITE CRISIS
A recent survey of IFAs has shown that despite the financial crisis consumers continue to put their faith in green and ethical investment. According to the survey 85% of advisers said the financial crisis had impacted on the investment approach of their clients. However, less than two in ten (18%) said it had impacted on the attitude of clients to green and ethical investment.
Penny Shepherd MBE, UKSIF chief executive, said:
“The financial crisis has clearly had a major impact on consumer attitude to risk. However, it is extremely positive that their commitment to green and ethical investment remains strong. This research supports the view that consumers with an interest in green and ethical investment are committed investors who take a longer term view of their investments. Many advisers recognise that green and ethical investments are long term in nature allowing advisers to build strong and ongoing relationships with clients.
The survey was conducted with members of the Ethical Investment Association, an association of financial advisers from around the UK.
Want to learn more? See Green and Ethical Investment for Financial Advisers or Get Involved with National Ethical Investment Week.