May 14, 2015 Fact of the Day: Affluent Investors prefer to NOT INVEST in THESE companies
DID YOU KNOW THAT MANY INVESTORS WOULD LIKE TO AVOID INVESTING IN COMPANIES WITH POOR HUMAN RIGHTS PRACTICES?
In research recently conducted by Spectrem Group, investors indicated that they wanted to avoid investing in companies whose practices hamper human rights and that don’t have adequate pay.
Investors were asked to rank on a scale of importance from 0 to 100 the importance of various issues for investors when they are making investment choices. Avoiding companies whose practices hamper human rights such as companies that don’t have adequate pay was ranked at 70.06 by investors. Other important issues included supporting companies that encourage and foster environmentally friendly practices and avoiding companies that harm and damage the environment also scored highly at 68.79. Avoiding companies that produce or solicit products harmful to the consuming public, either physically or socially was rated at 67.24. Investing in companies that encourage and promote diversity and have specific diversity workforce programs was only rated at 56.82.
There were few differences by age in attitudes regarding these issues. Wealth and gender also didn’t impact feelings regarding these issues.
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