SIF 2022: Consumers do not trust industry 'marking own ESG homework'

Boring Money founder and chief executive Holly Mackay said consumer confidence in sustainable investing was low and people wanted "third-party validation" to ensure they are making the right calls. Mackay, speaking at the Sustainable Investment Festival, said metrics were important and would boost credibility. "People do not trust us. People want to see the proof points. They want to see the metrics. But there are loads of metrics out there without benchmarks. "The vast majority of investors want to be a bit better than they were last year, they do not expect perfection in the next...