{"id":48121,"date":"2020-02-27T08:59:40","date_gmt":"2020-02-27T08:59:40","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=48121"},"modified":"2020-02-27T08:59:40","modified_gmt":"2020-02-27T08:59:40","slug":"if-50-of-the-worlds-investments-are-going-to-ethically-invested-within-five-years-theres-going-to-be-a-massive-demand-for-accounting-reform","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/02\/27\/if-50-of-the-worlds-investments-are-going-to-ethically-invested-within-five-years-theres-going-to-be-a-massive-demand-for-accounting-reform\/","title":{"rendered":"If 50% of the world&#8217;s investments are going to ethically invested within five years there&#8217;s going to be a massive demand for accounting reform"},"content":{"rendered":"<p>The FT's <a href=\"https:\/\/www.ft.com\/content\/cad307d6-583a-11ea-a528-dd0f971febbc\" target=\"_blank\" rel=\"noopener\">Moral Money column<\/a>\u00a0 noted this yesterday:<\/p>\n<blockquote><p>For years, US investment managers have been talking about huge demand building for ESG funds \u2013 but until recently the flow of money into sustainable products had failed to live up to the hype.\u00a0 Now, however, it appears the dam has burst. After a\u00a0record-setting 2019, Deloitte is predicting that ESG funds will account for half of all professionally managed assets in the US within just five years.<\/p><\/blockquote>\n<p><a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/02\/27\/if-50-of-the-worlds-investments-are-going-to-ethically-invested-within-five-years-theres-going-to-be-a-massive-demand-for-accounting-reform\/screenshot-2020-02-27-at-08-56-46\/\" rel=\"attachment wp-att-48122\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-48122\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46-550x462.png\" alt=\"\" width=\"550\" height=\"462\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46-550x462.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46-357x300.png 357w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46-768x645.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46-476x400.png 476w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/02\/Screenshot-2020-02-27-at-08.56.46.png 1538w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/p>\n<p>As they add:<\/p>\n<blockquote><p>Yes, you read that correctly. Half. That would mean growth from about $12tn in assets right now to $34.5tn by 2025.<\/p><\/blockquote>\n<p>I think there will be a market for\u00a0<a href=\"http:\/\/www.corporateaccountabilitynet.work\/projects\/sustainable-cost-accounting-the-essential-guides\/\" target=\"_blank\" rel=\"noopener\">sustainable cost accounting.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FT&#8217;s Moral Money column\u00a0 noted this yesterday: For years, US investment managers have been talking about huge demand building for ESG funds \u2013 but<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/02\/27\/if-50-of-the-worlds-investments-are-going-to-ethically-invested-within-five-years-theres-going-to-be-a-massive-demand-for-accounting-reform\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,26,176,178],"tags":[],"class_list":["post-48121","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-accounting","category-corporate-accountability-network","category-sustainable-cost-accounting"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/48121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=48121"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/48121\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=48121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=48121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=48121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}