Investing for impact doubles as savers seek to do good

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Investing for impact doubles as savers seek to do good GlobeInvestor

From renewable energy schemes to services for domestic abuse survivors, the amount of money estimated to be invested in businesses with a social or environmental impact has doubled, according to a study published on Monday.

“More investors are seeing that there are social and environmental repercussions, positive and negative, from every investment that is made,” he said. But it is estimated to be growing rapidly, driven in part by a demographic shift of wealth into the hands of women and millennials, who want to invest with a purpose beyond profit.

 

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