Pensions, Nonprofits Lean Into Social Investing
Two new reports on environmental, social and governance investing show pensions and nonprofit firms’ greatest ESG interests, while another report shines a light on which firms are living up to ESG expectations, and which aren’t.
Social investing seems to be the most active area of ESG for pension and nonprofit funds, according to a report by Escalent, a human behavior and analytics firm specializing in industries facing disruption and business transformation. Social investing was defined as pertaining to diversity, human rights and consumer protection. The report notes a special interest in this area was by tax-exempt organizations and investors representing public defined benefit and Taft-Hartley Act pensions.
According to the paper, institutional investors area taking a “first, do no harm” approach by avoiding those firms that are having problems or bad publicity. It does note that they see corporations recognize the growing trend toward ESG.
Read more @Think Advisor
Read the Report here
