Poll: What Is the Best Way for Investment Professionals to Address Environmental Factors?
Earlier this week, in recognition of Earth Day, we asked CFA Institute Financial NewsBrief readers, “What is the best way for the investment profession to address environmental and related factors?”
Many people around the world celebrated Earth Day on Wednesday. What is the best way for the investment profession to address environmental and related factors?
Globally, such factors seem to be uncontroversial, but in the United States, environmental factors have a vocal minority of naysayers. So, it is notable that only 9% of respondents said to “wait for more evidence.” Although this poll is not technically scientific, this response seems to be a clear indication that consideration for the environment has taken hold in investing.
Not surprisingly, nearly half of respondents believe the best way to address environmental issues is to “consider the risks, costs and potential opportunities . . . when analyzing investments.” Yet, around one-quarter of respondents think it is important to intervene earlier, and they support training in business school or in other educational programs those who want to enter the investment profession. Finally, one in six respondents believe the best approach is for investors to favor investments that have a credibly beneficial effect on the environment.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.