Stock Trading Platform CMC Invest Moves into ESG Space

Stock trading platform CMC Invest has entered the ESG space, starting to display ESG data for stocks, exchange-traded funds (ETFs) and investment trusts in its mobile investing app.

Launched in October​, the platform has equipped with new features to provide ESG information to clients based on their concerns about ethical issues and profits.

"By bringing actionable data and insights to our customers, we can deliver a more personalized experience. We want everyone to achieve their long-term goals knowing their investments will continue to support their beliefs and principles," said Albert Soleiman, Head of CMC Invest UK. "We believe sustainability and ESG investing are the beginnings of a bigger trend… Over time, we expect to see an increase in impact investments, where not doing harm will no longer be the acceptable 'highest standard.' Instead, we'll see consumers pushing to proactively do good in the world and their communities through investing."

Alister Sneddon, Head of Product at CMC Invest, said: "It's no longer purely about maximizing a return; investors want to achieve long-term goals and help to deliver good outcomes that they are proud of. As such, investments are becoming a reflection of people's own values and principles."

He added: "With 83% of consumers saying their personal ethics influence their buying decisions at least some of the time, we couldn't ignore the demand. Our mission is to always provide customers with the support and data to make informed decisions."

The investment world is paying more and more attention to ESG impact. In middle-December, Swissquote​, the Swiss leader in online banking, also launched an ESG feature on its trading platform to provide customers with relevant information on the ecological, environmental and governmental impact of a large number of stocks.