A Fifth of Global Investing Considered “Sustainable”, Industry Reports

Inter Press Service - Nearly 22 percent of professionally managed assets around the world can be considered sustainable or responsible, according to a finance industry assessment, the first comprehensive look at the subject.

That amounts to at least 13.6 trillion dollars of investments that claim to incorporate concerns over environmental, social or governance issues into their selection or management processes. Still, critics warn that a lack of industry guidelines on how to define terms such as “sustainable” remains a major obstacle in leveraging private investment for the good of both human communities and environmental systems.  Read more.