Over half (52 per cent) of European peer-to-peer buyers take environmental, social and governance (ESG) standards into consideration when selecting the place to place their cash, a survey has discovered.
Robo.money has revealed that just about 1 / 4 (24 per cent) of European lenders actively implement ESG practices of their P2P investments. Solely 10 per cent contemplate this standards among the many prime three components when selecting a P2P platform, however 42 per cent nonetheless take it into consideration.
Learn extra: Is P2P lending higher than ESG funds?
Over half (54 per cent) stated that if the platform has ESG initiatives it will possibly encourage them to put money into it extra.
The European P2P platform’s analysis additionally discovered that useful resource effectivity and local weather change are the highest areas for ESG investing (12.5 per cent), adopted by social fairness and inclusion (15.7 per cent) and well being and security (12.1 per cent).
Learn extra: Earth Day: 5 moral and social IFISAs
And nearly a 3rd (30 per cent) of buyers stated they would like to put money into environmentally vital initiatives and 16 per cent highlighted the significance of a clear firm picture that an ESG technique can present.
Quite a lot of P2P platforms supply moral and inexperienced investments, corresponding to Folk2Folk which gives loans for renewable vitality and inexperienced initiatives and Lendwise, which is specializing in placing the S in ESG with its training finance.
Learn extra: Proplend debuts new ESG technique