Most women perceive money as a change agent, survey indicates.
By The Exchange Team
Covid-19, social activism, and capital flight have changed women's financial perspectives, a UBS survey revealed.
Nearly 9 in 10 women believe money can help them fulfil their "purpose," a 2022 research found.
"Many women are more committed than ever to living purposefully and positively impacting the world," said Carey Shuffman.
Shuffman said women sought to do this in a variety of ways, many of which involved financial commitment and power.
95% of women polled had donated money or time in the past year, and 75% have made value-driven purchases.
Additionally, the survey indicated that the majority of women prefer portfolios that represent their values.
79% of women expressed a desire for ESG-focused (environmental, social, and governance) investments.