Socially Responsible Investing: The Role of Investors' Demographics and Educational Background Towards Investments

Socially responsible investing is a crucial strategy to adopt as it fosters positive outcomes for the environment and society. Sustainability is gaining traction in society because investors are creating a beneficial impact in the community. They accomplish this by focusing on factors that involve environmental sustainability, diversity, and human rights. This study employs a survey approach to obtain both quantitative and qualitative data about the educational background and demographics of investors in the stock market. The empirical analysis will incorporate a multivariate regression that attempts to measure the impact of various demographics on one's "socially responsible investing score." A regression model will be used to analyze the results of the survey and show how statistically relevant they are. Additionally, a review of literature will be conducted to draw conclusions based on previous studies conducted by researchers who have investigated some of the demographics of socially responsible investors. Studying a socially responsible investor's age, gender, and education level are all important factors in understanding his or her attitudes toward investing.