Trump is well known for his skepticism of climate change which ironically has led to an increase in socially responsible investments.
Socially Responsible Investments (SRI) have been growing in popularity over time – and assets have grown more than $4 trillion since 2016.
Our friends at CNBC have found that the increase in SRI and other types of values based investing has grown as more and more investors are now turning to investments that align with their personal values.
Millennials have expressed the importance of environmental issues, and of those investing, 86% are interested in socially responsible and sustainable investing. As a result, intended or not, the reaction to an oval office that doesn’t support climate change is an increased interest in preventing further damage to the environment. You can find the full article here.