Report: Global Sustainable Investing Market Surpasses $21 Trillion
Monday, March 2, 2015
The global sustainable investment market has grown “substantially” in the past two years with assets reaching $21.4 trillion by the start of 2014, according to a new report by the Global Sustainable Investment Alliance (GSIA).
The Global Sustainable Investment Review 2014 finds that the assets employing sustainable investing strategies have risen from 21.5 percent to 30.2 percent of the professional management assets across the regions covered.
Sustainable investing represents a significant share of the market in Europe — where more than half of professionally managed assets practice an environmental, social and governance (ESG) strategy. The same holds true in Australia, the United States and Canada, where its share of the market ranges from 17 to 31 percent.
The majority (64 percent) of the identified global sustainable investment assets are from Europe. Together, Europe, the United States and Canada account for 99 percent of global sustainable investing assets.
Although sustainable investing is not practiced on the same scale in Asia, the growth of interest in investment products that address sustainability challenges such as climate change and resource efficiency is likely to continue, the report says.