Australian ethical investments double to $51.5bn in two years
Ethical investments in Australia have doubled to $51.5bn over the past two years, increasing their market shares to 3.8% from 1.5%, according to the Responsible Investment Association Australasia (RIAA). At the end of last year, 47% of the country’s investment industry saw ESG as central to decision making, while there has been a 179% increase in “sustainability themed” investments relating to green property, low carbon and sustainable agriculture funds in the past year.

Summary

The Responsible Investment Benchmark Report Australia 2022 shows that the number of Australian assets managed using a rigorous, leading approach to responsible investment has hit a record value of $1.54 trillion, now accounting for 43% of the total market.

This is the 21st annual Responsible Investment Benchmark Report prepared by the Responsible Investment Association Australasia (RIAA). The report details industry data on the size, growth, depth and performance of the Australian responsible investment market over 12 months to 31 December 2021 and compares these results with the broader Australian financial market.