Women clients twice as likely as men to favor ESG

Women clients twice as likely as men to favor ESG
74% of women are interested in increasing the share of environmental, social and governance investments in their portfolio, according to an RBC survey of U.S. clients.
APR 06, 2021

Women clients at RBC Wealth Management are more than twice as likely as men to say it is extremely important that the companies they invest in integrate ESG factors into their policies and decisions, according to a survey RBC conducted of more than 1,000 clients in the U.S.

The survey also found that 74% of women were interested in increasing the share of ESG investments in their portfolios and that women were significantly more likely than men to have an interest in learning more about using environmental, social and governance factors to invest.

While the survey revealed that women are leading the charge in ESG investing, more than half of male respondents (53%) also expressed interest in increasing the share of ESG in their portfolio, and 61% of clients overall shared this position, RBC said in a release.

Overall, 31% of RBC clients acknowledged the importance of integrating ESG factors into their investment decisions, with female clients rating social and environmental elements higher than male clients.

The governance factor showed no difference by gender and ranked the most important to clients across all ESG elements. Corporate ethics and regulatory compliance were the most important of governance elements for clients, followed by transparency.

Pandemic accelerated investing based on ESG and climate goals

Latest News

Trio of advisors switch for 'Happier' times at LPL Financial
Trio of advisors switch for 'Happier' times at LPL Financial

Former Northwestern Mutual advisors join firm for independence.

Indie $8B RIA adds further leadership talent amid growth drive
Indie $8B RIA adds further leadership talent amid growth drive

Executives from LPL Financial, Cresset Partners hired for key roles.

Stock volatility remained low despite risk events
Stock volatility remained low despite risk events

Geopolitical tension has been managed well by the markets.

Fed minutes to provide signals on rate cuts
Fed minutes to provide signals on rate cuts

December cut is still a possiblity.

Trump's tariff talk roils markets, political leaders
Trump's tariff talk roils markets, political leaders

Canada, China among nations to react to president-elect's comments.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound