A more responsible approach?
45% of people agreed that, when evaluating which company to invest in, it is important to take into account its social and environmental impact
A more responsible approach
Responsible investing is moving into the mainstream but many remain unconvinced
Hong Kong investors have historically been reluctant to embrace the significance of ESG trends. But shifts by corporations around the world and significant changes in government policy mean they are becoming increasingly prominent within the region. At the same time changing demographics are influencing a new group of investment activists and investors to focus more heavily on factors other than pure profit. But while some Hong Kong investors are concerned about ESG practices, a significant number still appear to need convincing.
From niche to norm?
56% agree that companies with more robust ESG practices will be better positioned in the long term compared to peers who are not. Interestingly, it is the older generation that are most sure that ESG practices will improve long-term performance, with 65% of over 55s strongly or slightly agreeing with the statement, compared to 52% of 16-21 year olds.
However of those surveyed, only 45% agreed that when evaluating which company to invest in, it is important to take into account its social and environmental impact and not just the financial gain achieved while 45% are neutral .
A more confident Hong Kong
57% are confident about their personal financial situation and 59% are upbeat about how their finances will look three years from now
Financial Advice: Still a core need?
59% of respondents say they have no intention of using a robo-adviser either now or in the future
The Next Generation
80% of Hong Kong children believe that saving is both good and the right thing to do