Numerous pieces of research have shown growing interest among all age ranges in ethical and sustainable investments, as investors seek to reflect their values in their portfolios.
According to the annual Schroders Global Investor Study, 54 per cent of UK investors have increased their allocation to sustainable investment funds compared with five years ago.
Of the 67 per cent of UK respondents who acknowledged that sustainable investing was more important to them now than it was five years ago, a significant proportion cited the potential for long-term returns as a greater factor than ethical considerations.
In other words, it has become more than a simple "box-ticking exercise", as Schroders observed.
The types of products available to investors has become increasingly sophisticated to meet this widening investor interest.
Andrew Howard, head of sustainable research at Schroders, explained: "Our own Global Investor Study highlights a growing recognition that ESG investing comes in different flavours with different goals.
“The market is maturing through an exciting shift where the attention turns from ESG as a generic idea, to the specific details of how different organisations and products are approaching the topic.”
John David, head of Rathbone Greenbank Investments noted: "For those looking to use their money to make a positive difference to society, making ethical consumer choices or boycotting a company that contravenes their own personal beliefs may seem like the logical choice. But there are other ways of driving lasting change."
He called for the sustainable and ethical investment community to do more to raise awareness of the choices available to investors.
The Talking Point report above explores what might be driving investors to seek ethical investments, in particular millennials, the main trends emerging in socially responsible investing, including the growing sophistication of products and why it is more than a "box-ticking exercise".
Within the report is a feature which qualifies for 30 minutes' worth of structured CPD.