Putting the 'S' into ESG
Here’s an unsurprising statistic from the 2018 Newton Charity Investment Survey: 100% of environmental charities consider that Environmental, Social and Governance investment factors are ‘very important’ in the management of their investments.
Here’s the more surprising statistic: only half of social welfare charities consider that Environmental, Social and Governance characteristics are ‘quite important’, whilst 25% consider them not really important, and 25% of social welfare investors think them ‘not important at all’.
Why do social welfare issues command so much less commitment from social welfare charities than environmental issues do from environmental charities?