Trump Election May Spur SRI Investing
Tuesday, November 15, 2016
Donald Trump’s election may spur more socially responsible investing, says Lisa Woll, CEO of US SIF, a Washington, D.C.-based nonprofit organization that promotes sustainable, responsible and impact (SRI) investing.
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.
SRI investing already has taken a big leap in the past two years. One out of every five dollars that is invested under professional management in the United States is invested using SRI screening, US SIF Foundation says in its “Report on US Sustainable, Responsible and Impact Investing Trends 2016,” released Monday.
The amount of money invested under SRI standards has jumped 33 percent to $8.72 trillion in just two years, according to the report. SRI investing stood at $6.57 trillion two years ago, and was $639 billion when US SIF started the report in 1995.