It is fair to say we have seen some rather substantial changes in society take place in recent years and there is clearly an increasing demand emerging to invest in a more responsible manner.
There is an expectancy for more transparency from companies on how they operate their business, ranging from how they treat their employees, tackling diversity in the boardroom or implementing fairer economic policies. COVID-19 has seen such expectations become a focal point and highlighted how businesses have responded. Those that responded well to the pandemic in terms of how they looked after employees, and supported their local communities in this period tended to be the ones that were rewarded by shareholders and that isn't something that would have necessarily happened only a few years ago. We are seeing a shift which is translating into changing attitudes from consumers and an increased focus on environmental, social and governance (ESG) factors.
Will the world ever be the same again following the Covid-19 pandemic? 58% of the general public want to see climate change and climate mitigation policies prioritised by Governments. But climate change isn’t the only ESG item, prominent issues such as fair wages and modern slavery policies also appear within the top five issues that consumers want addressed.
2021 will see the UN’s Climate change conference in Glasgow and the UN have published their 17 goals for Sustainable development.
360 Sustainable funds were launched in 2019 (there are now over 2000 funds to choose from) to support consumers to invest their Investments and Pensions to help improve the world in which we all live.
At Mosaac our advisers are already embedding ESG, Responsible Investing and Sustainable Investing into their working practices and just as importantly we are beginning to embed the same ethos into our company philosophy. Our advisers will ask you about your views when they come to see you and, if this is important to you too, we will discuss funds that can meet your expectations.