US SIF Foundation and Croatan Institute Release 2016 Biennial Report On US Sustainable, Responsible And Impact Investing Trends
On November 14, 2016, US SIF Foundation released its 2016 Report on US Sustainable, Responsible and Impact Investing Trends. The report found that sustainable, responsible and impact (SRI) investing assets have expanded to $8.72 trillion in the United States, up 33% from $6.57 trillion in 2014.
Croatan Institute President and Senior Fellow Joshua Humphreys, as one of the report’s project directors, participated in a media teleconference with US SIF Foundation’s Lisa Woll and Meg Voorhes on November 14, 2016.
The report was formally launched at Bloomberg headquarters in New York City on November 15. Speakers included Humphreys, Woll, and Voorhes, as well as Ingrid Dyott of Neuberger Berman, Matt Patsky of Trillium Asset Management, and Fran Seegull of US Impact Investing Alliance.
Highlights from the report include:
- $8.10 trillion in US-domiciled assets at the outset of 2016 held by 477 institutional investors, 300 money managers and 1,043 community investing financial institutions to which various ESG criteria are applied in investment analysis and portfolio selection, and
- $2.56 trillion in US-domiciled assets at the start of 2016 held by 225 institutional investors or money managers that filed or co-filed shareholder resolutions on ESG issues from 2014 through 2016.
- The leading ESG criteria that institutional investors consider are restrictions on investing in companies doing business in regions with conflict risk (particularly in countries with repressive regimes or sponsoring terrorism) and consideration of climate change and carbon emissions.
- While the number of institutions and money managers actively involved in filing shareholder resolutions has remained relatively stable over the past four years, the proportion of shareholder proposals on social and environmental issues that receive high levels of support has grown. Further, money managers and institutional investors are pursuing engagement strategies on ESG issues in addition to filing shareholder resolutions at publicly traded companies.
More information about the report and a link to the Executive Summary can be found at http://croataninstitute.org/publications/publication/report-on-us-sustainable-responsible-and-impact-investing-trends-2016.