Trump May Spur SRI
While Trump is preparing to withdraw the US from their commitment towards the Paris climate agreement, he may actually be good news for the socially responsible investing market. Why? Well because his government doesn’t seem keen on it. Demand and interest in SRI Investment remains strong with institutional investors an companies however, as they continue to increasingly acknowledge the importance of sustainability. Lisa Woll, CEO of US SIF, a Washington, D.C.-based nonprofit organization that promotes sustainable, responsible and impact (SRI) investing comments that
Retail and institutional investors may be prompted to pay even more attention to this growing field because curbing negative environmental influences may not be addressed on a governmental level, she says.
There is good evidence the SRI market will continue to be buoyant. The amount of money invested under SRI standards has jumped with 33 percent to $8.72 trillion over the last two years. Just two years ago SRI investing stood at $6.57 trillion. In 1995, when US SIF started the report, this figure stood at $639 billion. Check out more findings in the freshly published report US Sustainable, Responsible and Impact Investing Trends 2016.