‘Green’ investments are not just about saving the planet – they’re about making more money, bank studies show
Tuesday, September 25, 2018
By Enoch Yiu, Martin Choi
People who put their money into so-called green investments are not always doing it out of a sense of benevolence or concern for the environment.
According to separate studies by two leading international banks, they are increasingly making their decision for a slightly more selfish reason: financial gain.
“Globally, investors do not associate sustainable investing with a trade off of financial returns. Fifty per cent of the investors surveyed expect sustainable investing to outperform financial investment,” said Amy Lo, chairman and head of Greater China at UBS Wealth Management.
Photo courtesy of Pavel Ahmed.