22 Nov 2023 11:18 am
Interesting:
Younger investors are even willing to tolerate lower returns in the pursuit of ESG goals. An average investor in their twenties or thirties was willing to lose between 6 percent and 10 percent of their investments in the interest of companies improving their environmental practices, while the average baby boomer was unwilling to lose anything, according to the study.
Young investors with more than $250,000 of wealth said they’d be willing to give up 14 percent of their wealth to advance ESG issues, the Stanford study found, while young investors with more modest savings would only be willing to give up 5-6 percent of their wealth. The study found young wealthy investors to be the primary drivers of ESG investing.
You may not like it but you sure as hell can't stop it!
Suppose I'm the only one here invested in a ESG Fund.
Go ahead, blast away!
Younger investors are even willing to tolerate lower returns in the pursuit of ESG goals. An average investor in their twenties or thirties was willing to lose between 6 percent and 10 percent of their investments in the interest of companies improving their environmental practices, while the average baby boomer was unwilling to lose anything, according to the study.
Young investors with more than $250,000 of wealth said they’d be willing to give up 14 percent of their wealth to advance ESG issues, the Stanford study found, while young investors with more modest savings would only be willing to give up 5-6 percent of their wealth. The study found young wealthy investors to be the primary drivers of ESG investing.
You may not like it but you sure as hell can't stop it!
Suppose I'm the only one here invested in a ESG Fund.
Go ahead, blast away!