We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Blog + Articles

Categories

  • Industry Articles (13,845)
  • Industry Conferences (2)
  • Negative Media (128)
  • Positive Media (73)
  • Sheryl's Articles (529)
  • Sheryl's Blogs (152)
  • Wink's Articles (206)
  • Wink's Blogs (178)
  • Wink's Press Releases (82)
  • Blog Archives

  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • Socially Responsible Investing and ESG: It’s Not Just a Millennial Trend

    August 14, 2019 by Allianz Life Insurance Company of North America

    MINNEAPOLIS–(BUSINESS WIRE)–While millennials seem to be the generation most interested in applying their ideals on environmental, social and governance (ESG) issues to their finances, Gen Xers and baby boomers are also expressing growing interest, according to the ESG Investor Sentiment Study* from Allianz Life Insurance Company of North America (Allianz Life®). The study found that although millennials are more likely to make investment and purchasing decisions based on issues that are important to them, Gen Xers and boomers are also putting their values into action.

    Nearly two-thirds (64%) of millennials said ESG issues are important in their investing decisions with Gen Xers not far behind at 54% and boomers at 42%. In addition, majorities across all generations say ESG is a key factor in which companies they choose to do business with (77% of millennials/64% of Gen Xers/61% of boomers).

    “Millennials get a lot of attention for driving ESG investing,” said Todd Hedtke, chief investment officer for Allianz Investment Management LLC. “But when it comes to investing in and doing business with good corporate citizens, there is interest across the board and it’s only going to grow.”

    Currently only 17% of millennials are participating in ESG investing (compared with Gen Xers at 7% and boomers at 3%), yet nearly half of Gen Xers and boomers say they are interested in having some money in ESG investments at 49% and 47%, respectively.

    In fact, baby boomers are more likely than millennials and Gen Xers to say that the reason they want to participate in ESG investing is to encourage companies to be good corporate citizens (61% of boomers, compared with 51% of millennials and 48% of Gen Xers).

    Areas of Focus for All Generations

    Asked about the single most important issue when it comes to doing business with a company, all generations agree social issues such as diversity in the workforce and consumer protection are most important, followed by corporate governance issues and environmental topics.

    When it comes to making investment and business decisions, millennials are more likely to take action based on issues that are important to them. But there are a few key issues that make baby boomers more likely than other generations to take their business elsewhere, including transparency in business practices and finances, levels of executive compensations, and charitable contributions made by a company.

    The study also found that millennials are more likely to be interested in learning about various types of ESG information. But all generations are in agreement that they aren’t sure how to evaluate if the companies included in an ESG investment care about causes they support (71% of millennials/64% of Gen Xers/69% of boomers).

    “These stats show us that people from all generations are looking to learn more about ESG and want to put their values into action,” said Kelly LaVigne, vice president of Consumer Insights, Allianz Life. “But they feel they need more education and guidance on how to best make ESG investment decisions.”

    Opportunities for Financial Professionals

    In addition to the generational differences, the study also found that most financial professionals have yet to take a proactive approach helping clients learn about and participate in ESG investing.

    Only 30% of Americans working with a financial professional say they have discussed ESG investing with their advisor, and most of the time it was the client who initiated the conversation (69%). This, despite the fact that three-quarters of respondents currently working with a financial professional said they have positive perceptions of ESG investing, and over half (51%) of those currently not involved with ESG investing are interested in it.

    “Financial professionals have a huge opportunity in front of them to proactively discuss ESG investing with clients,” said Hedtke. “It’s important to work with them to identify what issues are important and help them build their portfolio in a way that reflects their values.”

    New White Paper on Responsible Investing

    Allianz Life released a new white paper outlining the findings of the ESG Investor Sentiment Study. The white paper, Ethics and Investing: How environmental, social, and governance (ESG) issues impact investor behavior, provides insights into this growing investing trend and how it is changing the way Americans make investment decisions. Visit http://www.allianzlife.com/ESG for more information.

    About Allianz Life Insurance Company of North America

    Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® in 2019, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2018, Allianz Life provided $2.8 billion in benefit payments that helped policyholders achieve their financial goals. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with over 142,000 employees in more than 80 countries. Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.

    *Allianz Life Insurance Company of North America conducted an online survey, the Allianz Life ESG Investor Sentiment Study, in December 2018 with a nationally representative sample of 1,000 respondents ages 18 years or older.

    Contacts

    Jeff Faust
    (763) 765-6614
    jeff.faust@allianzlife.com 
    Twitter: @AllianzLife

    Originally Posted at Business Wire on August 12, 2019 by Allianz Life Insurance Company of North America.

    Categories: Industry Articles
    currency