Sustainable investing is getting a new boost – from the millennial generation. This has big implications for all markets, but particularly for the emerging world as well as all our efforts to create social inclusion.
I believe today’s younger investors are set to shape the investment marketplace in a whole new way. If my kids are anything to go by, sustainability is close to their hearts. They are socially conscious without a doubt.
They will be impossible to ignore. By 2020, millennials will make up 35% of the world’s workforce. Evidence shows they are more likely to want to make a positive impact than the previous generation.
I believe a lot of their attention will be on the developing world. They will look to invest an increasing proportion of their savings in emerging markets.
But both investing institutions and the markets they invest in will need to keep on driving risk out of the equation if the marriage of the two is to be a success.