“Globally, over $30 trillion is now being invested sustainably and this trend towards responsible investment is catching on rapidly within the private wealth community,” said Dr. Rebecca Gooch, Director of Research at Campden Wealth. “A notable proportion of wealth holders are now engaged and there are expectations, particularly since COVID-19, for a considerable hike in their investment over the coming years.”
Almost four in ten respondents are driven by a desire to make the world a better place with 26% wishing to show how family wealth can generate positive outcomes in the world, and 24% citing better returns and risk profiles.
The poll was carried out among over 300 respondents from 41 countries, with an average net worth of $876 million and cumulative net worth estimated at $264 billion.
“Wealth holders see the challenging state of the world, and the risks and vulnerabilities both individuals and businesses face due to COVID-19 and climate change, and they want to act,” added Gooch. “Here is where smart investment and deep pockets can make a real difference in impact and ESG investment. For many, responsible investing is not only the ethical thing to do, but it is simply good business practice.”
How COVID changed priorities
