ESG Investing: Where it is Now; Where it’s Headed; What to Do
Published by Michael Novogradac on Wednesday, June 1, 2022
The expanding awareness and interest in ESG–environmental, social and governance–investing could lead to a seismic increase in investor demand for community development tax incentives, but we are not there yet. Syndicators of and investors in community development tax credits report that while the subject is at the forefront of most conversations, ESG motivations behind investment selection remains a work in progress.
“Today, it’s very, very important. Two years ago was a different story. I think COVID, along with a new administration, has thrown ESG to the forefront.”
“It’s very attractive to corporations to be able to [offset] their carbon footprint, achieve some of their environmental goals and also be able to generate a return off those investments.”
Melanie Beckman, Chief ESG Officer & Director, Tax Credit Investments
Read the full article.
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