The majority (92%) of Financial Planners have seen an increase in demand from clients for investments which have a positive impact on society, according to a new survey.

Most Financial Planners(88%) predicted that sustainable investing will increase dramatically over the next 12 months - just 12% said that it would stay the same. 

The research from TIME Investments said the increase in demand was predominantly driven by investors' environmental concerns.

Of the Financial Planners surveyed 31% said clients had concerns about the impact of climate change, 17% cared about air and water pollution and 15% said waste management was important. 

Consumer privacy and data security was also a driver of investors’ environmental concerns for 10% of those surveyed.

The concerns were reflected in the sustainable asset classes clients were investing in, with the three most popular being healthcare (56%), renewable energy (50%) and housing (40%).

Financial Planners said 27% of clients already had some form of sustainable investment and, on average, one third (32%) of clients had made an impact investment which provided capital to address social and/or environmental issues in the past 12 months. 

The majority (86%) of planners said that they were now incorporating sustainability questions into the client factfind.