by Vikas Vij
Investments that have a social or environmental benefit have grown substantially in the last few years. A recent report from the Washington-based Forum for Sustainable and Responsible Investment said that socially responsible investment assets in the U.S. stood at $7 trillion in 2014, registering an increase of 76 percent over 2012. A significant portion of these investments are aimed at helping developing countries.
JP Morgan and Global Impact Investing Network released a survey report in May, which said that almost 50 percent of the $60 billion in impact investments managed by respondents was invested in emerging markets. However, the global sustainable development gap is still too wide and faces many challenges. In 2014, foreign investment into developing countries dropped by 16 percent to $1.23 trillion, further widening the $2.5 trillion gap needed annually to address the most critical areas.
Image Credit: Flickr via Sustainable Brands
KEYWORDS: Finance & Socially Responsible Investment, Reports, Cause Global, best practices, BNY Mellon, Justmeans, jp morgan chase, Global Impact Investing Network (GIIN)
This post was originally published on 3BLmedia.com
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