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Invest in sustainability even if you don't believe in it: Federated Hermes

Jovi Ho
Jovi Ho9/23/2021 03:38 PM GMT+08  • 4 min read
Invest in sustainability even if you don't believe in it: Federated Hermes
"If you simply refuse to own oil companies, the oil companies will not disappear.”
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Invest in sustainability even if you are not a believer, says Saker Nusseibeh, CEO of the international business of US investment manager Federated Hermes. As society gears up to fight global warming, savvy investors should look at riding consumer trends like renewable energy and electric vehicle (EV), he adds.

“From a moral as well as a financial point of view, the most sensible thing for investors to do is to understand these changes and invest accordingly,” says Nusseibeh. “Even if you disregard all that upset about the environment and you say, ‘My duty is simply to make money’, actually, the environment is the way to make money.”

See: 'Buy' these four ESG top-scorers on the SGX: analysts

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