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Almost 8 in 10 millennial investors put ESG first

ESG

Global study found 77% of this age group consider environmental, social and governance concerns more important than returns

A survey of millennial investors around the world found that some 77% of them say that environmental, social and governance concerns are their top priority when considering investment opportunities.

[More: 2020 elections could help socially responsible investments soar]

The global poll of 1,125 millennials, conducted by deVere Group, a British advisory firm, found that ESG concerns topped traditional factors such as anticipated returns (cited as most important by 10% of those polled), past performance (7%), risk tolerance (4%) and tactical allocation (2%) when making investment decisions.

[More: 401(k) plans lag in ESG investing]

Millennials are those roughly age 20 to 40.

[More: Millennials, women drive assets to ESG strategies]

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