Why sustainable financial planning has to become the default

'While the topic may be complex, our role is to provide clear, actionable advice'

clock • 4 min read

Sebastian Elwell runs advisory firm Switchfoot. Here he outlines why he believes that sustainable financial planning is no longer an option; it is a necessity

The urgency of climate change demands a profound shift in the way we conduct ourselves as financial planners. Factoring sustainability into financial planning is no longer merely a moral choice; it's becoming a fiduciary imperative. Our world is facing a novel, wicked and dynamic problem in climate breakdown and biodiversity loss.  We are in a poly-crisis of nature, climate, plastic, pollution chemical and social inequality. This much is well known. Yet as financial planners, we are – on the whole – basing our advice and service offerings on assumptions about the future that do not ad...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Green

FCA launches voluntary ESG ratings provider survey to better understand market

FCA launches voluntary ESG ratings provider survey to better understand market

To 'help shape important policy area'

Sorin Dojan
clock 25 March 2025 • 1 min read
Aegon: SDR needed as sustainability becomes 'trendy'

Aegon: SDR needed as sustainability becomes 'trendy'

Miranda Beacham talks to PA about Aegon UK’s responsible investment strategy

Sahar Nazir
clock 05 March 2025 • 1 min read
Investing for good as well as for gain: Winning clients' hearts and minds

Investing for good as well as for gain: Winning clients' hearts and minds

'This should not be an exercise that we only do because FCA says we must'

Adrian Boulding
clock 10 December 2024 • 8 min read