U.S.-domiciled sustainable, responsible and impact investing assets under management were up to $6.57 trillion at the beginning of 2014, an increase of 76% from two years previously, said a report from the US SIF Foundation.
The AUM accounts for nearly 18% of the total $36.8 trillion in assets in U.S.-domiciled funds, according to the 2014 Report on Sustainable and Responsible Investing Trends, which tracked asset owners and money managers that apply environmental, social and governance criteria in their portfolio selection.
Of the $6.57 trillion in assets, social criteria in 770 vehicles totals $4.27 trillion in AUM, governance issues incorporated in 501 investment vehicles total $3.53 trillion, environmental investment factors in 672 investment vehicles total $2.94 trillion, and product-specific criteria, which include such restrictions as tobacco and alcohol, in 445 investment vehicles total $1.76 trillion in AUM. There is crossover among these categories.