Portuguese more confident in sustainable investment than global average
Two-thirds of Portuguese believe that sustainable investing is the only way to ensure long-term profitability, compared to 60% of investors globally.
The Portuguese are those who most value the impact of sustainable investment on companies, considering this to be the only way to ensure long-term profitability. Compared to the global average, national characteristic surveys are the most confident.
This is how they emerged in the Schroders Global Investor Study 2022, focused on sustainability, where more than 23,000 people who invest from 33 locations globally were surveyed. In the survey, the British consultant found that two thirds of the Portuguese surveyed (66%) believe that sustainable investment is the only way to ensure long-term profitability, compared to 60% of people globally.
In addition to being more confident, the Portuguese respondents are also more aware. According to the study, 67% agree that investment can sustain progress in environmental sustainability challenges, namely in the fight against climate change.
As they are more aware, the Portuguese respondents are, in turn, concerned about the effects that climate change may have on their investments, with 58% of local investors pointing out that this is a fundamental concern for them.
“It is reassuring to see the dynamic between level of financial literacy and confidence in sustainable investing and that the more an investor has learned, the more confident they will be in the ability of sustainable investing to both generate long-term returns and contribute to environmental and social goals”Mário Pires, Director of Portugal Schroders.
Among investors, those with more experience in the market (which Schroders calls “experts”) are more lenient in believing that investing sustainably is the key to achieving long-term returns when compared to investors with more experience. intermediate (65%) and beginner (60%)
Likewise, 70% of “expert” investors share the view that investing sustainably can drive positive change when it comes to challenges such as climate change.
In terms of investors’ specific sustainability goals, the Portuguese responses are very much in line with the global ones, both mentioning quality education as the most important area where they would like their investments to have an impact (47% globally, 51% in Portugal) followed by good health and well-being (44% globally, 40% in Portugal).
For Portuguese investors, reducing inequalities would be their third preferred objective (36%), while at a global level it would be quality water and sanitation (39%).