U.S. investors are not buying the myth that investing sustainably hinders returns, according to a study from Schroders.
Schroders released the findings of its annual Global Investor Study on sustainable investing, which surveyed more than 22,000 investors from 30 countries.
The study found that 73% of U.S. investors are not concerned that investing sustainably would hinder investment outcomes, indicating that investors are increasingly convinced robust returns and a positive impact are not mutually exclusive.
In fact, the study finds that sustainable investing is on the rise. According to the study, 70% of U.S. investors have increased their allocations over the past five years. Furthermore, 75% of investors stated that investing sustainably has increased in importance to them in that time.
"The fact that 64% globally and 70% of U.S. investors have increased their allocation to sustainable investments in the past five years tells you how important this is for so many people despite policy changes such as the U.S. dropping out of the Paris Climate Accords," Ground said in a statement.
