According to reports, it appears the use of ESG products might no longer be in vogue.

 

A ballooning percentage of advisors are indicating their plans to reel back the recommendations of the investments, according to a recently published survey, reported investmentnews.com.

 

Of over a third of more than 400 advisors indicated they include ESG in the portfolio of clients in a Financial Planning Association survey. While that figure’s been on the uptick but has essentially stagnated over the past four years. 

 

 

In the next 12 months, ESG use could turn downward, according to the 2022 Trends in Investing Survey, conducted by the Journal of Financial Planning and the Financial Planning Association, the leading membership organization for Certified Financial Planner™ professionals, reported yahoo.com.

 

 

ESG investing aligns individual principles, purpose, and values with the virtuous greater good of the human condition and the Earth. Sometimes such missions and esteemed purposes come with higher investment costs and slightly trimmed investing returns, said Dr. Preston Cherry, CFT-I, CFP-(I wouldn’t use these, but not sure about your policy), practitioner editor of the Journal of Financial Planning.

 

"If ESG investing has reached an inflection point, it could be due to several factors, including higher fees, lower performance, or a lack of ESG impact and index differentiation that inspires investment."