04.11.22

Investors Know Little About ESG, a New FINRA Study Finds

by: Lauren Foster

A survey by the U.S. Financial Industry Regulatory Authority (FINRA) found that many investors know little about environmental, social and governance (ESG) investing. "Retail investors don’t understand ESG investing—only 9% say that they have ESG-related investments, and the familiarity with the concept is not as high or as broad as some of the coverage on the topic of ESG investing might suggest,” says Gerri Walsh, president of the FINRA Investor Education Foundation, which conducted the retail investor survey with NORC of the University of Chicago. Only 24% of the 1,228 investors surveyed could correctly define ESG investing, and just 21% knew what the letters in ESG stood for.

Read the full article on Barron's