Report: Global Sustainable Investment Assets Grew by a Third in 2 Years
By Michael S. Fischer
Global sustainable investment assets grew by 34% between the beginning of 2016 and the start of 2018 to $30.7 trillion, according to a biennial report released Monday by the Global Sustainable Investment Alliance.
Sustainable investment commanded a sizable share of professionally managed assets in each region in the study, ranging from 18% in Japan to 63% in Australia and New Zealand.
According to the report, Europe accounted for the largest concentration of sustainable investment assets globally, $14.1 trillion. However, Europe’s share of sustainable investing assets in the region’s overall assets under professional management fell from 53% to 49%, possibly because of a move to stricter standards and definitions of sustainable investing.
Photo courtesy of Sudipto Sarkar.