The push for sustainability has changed how we live. But how will this affect how our retirement funds and savings are invested? Greetings from the sustainable finance industry.In recent years, environmental, social, and governance (ESG) factors have increasingly dominated many investment choices. Simply said, this refers to putting your money where it will improve the world.
Understanding the definition of sustainable finance
ICMA noted that investment in green energy initiatives and businesses that exhibit social ideals like social inclusion or good governance, such having more women on their boards, are both examples of sustainable investing.The European Union, whose Green Deal Investment Plan seeks to raise $1.14 trillion to help cover the cost of making Europe net zero in terms of climate change emissions by 2050, claims that sustainable finance has a crucial role to play in the world’s transition to net zero by channeling private money into carbon-neutral projects.