We recently added gold to our managed portfolios, including our socially responsible portfolios. As an investable asset gold is unique in being able to provide a “safe haven” during times of turbulence in the equity markets, while also being seen as an inflation hedge and as a potential alternative to bonds during low yields. However, as a mined commodity, it is naturally exposed to environmental, social and governance (ESG) risks. This is particularly true in regions of conflict and exploitation, where regulation and scrutiny have little traction.
How gold can be a major player for socially responsible investing