Women More Likely to Look at Social/Environmental Factors When They Invest, While Men Want High Returns
Wednesday, October 21, 2015
When it comes to ethical investing, which is the fairer sex?
Well, according to new research women investors are more likely than men to take social and environmental values into account when investing.
They are 10 per cent more likely than men to want to invest in companies that achieve positive social outcomes, at 41 per cent versus 31 per cent respectively.
Women were also 9 per cent more likely to want to invest in companies that minimise environmental damage, at 48 per cent versus 39 per cent for men.
This could be because women are more likely to perceive that ethical or environmental considerations had an impact on their life – with 73 per cent of women agreeing, compared to 67 per cent of men.
Overall, 41 per cent of people said they had boycotted a company because they disagreed with the ethics of their behaviour.