Your Mark On The World

#70: Wealthy Increasingly Focused On Social Impact

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Synopsis

July 18, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1nQqNf1. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Fully 92% of high net worth individuals think driving global impact is important, according to a survey conducted for Capgemini and RBC Wealth Management. Other observations from the report include: 75% of high net worth individuals or HNWIs 40 and younger believe that social impact is “very” or “extremely” important HNWIs in emerging markets like China, India and Indonesia were more likely to rate having social impact as “very” or “extremely” important The survey also identified the top five ways that HNWIs give back: Making investment choices with a clearly defined social impact objective Giving on an ongoing basis to charities More general community involvement Volunteering knowledge and expertise Making strategic business decisions with a clearly defined social