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Funds

7 Best Socially Responsible Funds | Investing

Increasingly, Americans are concerned with making sure their money is aligned with their moral principles. According to KPMG, 37% of American consumers consider environmental sustainability when making a purchase, and 33% also consider social responsibility when buying something.When it comes to investing, the percentages are even more dramatic. One study from 2022 estimated that nearly 9 out of every 10 investors cared about deploying socially responsible strategies as they plan for retirement. Those numbers are on the rise year after year, too, as proof this trend isn't going away. Socially...
Banking

Taxonomy delay has enabled UK to understand ‘teething problems’

Since the UK announced its plan to introduce a green taxonomy, more than 20 taxonomies have been announced or implemented around the world, according to the Green Finance Institute (GFI).The UK may be lagging behind jurisdictions such as the EU on implementing a taxonomy, but this has enabled the UK to observe issues that the EU has experienced, said Ryan Jude, green taxonomy programme director at the GFI.“We can understand teething problems that have been experienced in the EU. We can also take the positives from the EU, and make...