The book “Investing with purpose” by R. Paul Herman explores the concept of sustainable investing. It aims to provide a framework for values-based investing that considers environmental, social and governance (ESG) factors. The book has received positive reviews on Reddit for its practical advice on integrating sustainability into investment decisions. Redditors highlighted key takeaways such as the growth outlook for sustainable investing, the risk management benefits, and the ability to make an impact alongside financial returns. However, some critiqued the lack of specifics on implementation. Overall, Redditors found investing with purpose to offer useful perspectives for values-driven investors looking to align investments with personal ethics.
Sustainable investing set for strong growth
Redditors responded positively to the book’s thesis on the growing momentum towards sustainable investing. It argues that considering ESG factors is moving from a niche to a mainstream concept. Various reports predict strong growth ahead for the global ESG assets under management. And more products are coming to market that integrate sustainability. Readers saw this as a persuasive reason to get educated on the topic early.
Risk management and return benefits
The book makes the case that a purpose-driven portfolio incorporating ESG factors can enhance risk-adjusted returns. Companies scoring well on material sustainability metrics can avoid regulatory, litigation and reputational risks. And show resilience in crises. Redditors found the examples of sustainable funds outperforming convincing evidence of financial and risk management upside.
Ability to make an impact
Redditors responded well to the book’s message that sustainable investing allows for making an impact alongside seeking returns. By directing capital towards ethical and sustainable companies, investors can influence corporate behavior and systems-level change. However, some questioned just how much change an individual investor can drive.
The book Investing with purpose put forth a strong case on Reddit for sustainable investing’s growth prospects, risk-adjusted return benefits, and impact upside. While light on some implementation details, it offered perspectives to help values-driven investors better align investments and ethics.