Nearly 6 of 10 Singaporeans more aware of environmental issues due to pandemic
Meanwhile, 57% believe in investing solely in sustainable funds.
A survey by Schroders found that 57% of Singaporeans see the importance of addressing environmental issues due to the pandemic.
Respondents from the online survey include 23,950 people worldwide. Those who have invested at least $15,548 ( €10,000) were asked to take part.
56% of Singaporean respondents, meanwhile, see the importance of social issues as well.
57% also believe in the idea of investing solely in sustainable funds, while 6% showed a negative perception of it.
When asked why they are interested in sustainable funds, 56% pointed to a wider environmental impact, as compared to 51% from the previous year. 32% agreed that their societal principles pushed them, as compared to 30% from the previous year. The only decrease, however, was in those who believed it would offer higher returns, as only 44% answered positively when compared to 56% from the previous year.
More than half of the Singapore respondents, however, want to see evidence of better returns, as 62% point to data supporting sustainable investments as one of the deciding factors. 41% also believe that regular communication on the impact of their investments will encourage investors, while 40% believe in self-certification from the provider of the investment.