Bron
WRI
Washington watchers who see a gloomy future for environmental issues may be missing something Wall Street already sees: an $8.7 trillion boom in sustainable investments. One of every five dollars invested in the U.S. today targets sustainable investments. Not to be outdone, private capital is flowing there too. Bill Gates, Mark Zuckerberg, Jeff Bezos, Jack Ma and other tech titans recently committed $1 billion to launching a new, low carbon energy fund. Warren Buffett’s company is busy investing in new solar and wind energy projects, including the world’s largest solar plant. And 84 major corporations have pledged to source 100 percent of their energy from renewables going forward.
World Resources Institute recently committed to integrating sustainability as a core part of the investment decision-making for its own endowment. They researched over 100 asset owners and managers with over $1 trillion in holdings to identify best practices and offerings, and repositioned their entire portfolio towards sustainable investments.
Read the full article by David Richardson (member of the WRI Global Advisory Council and an executive director at Impax Asset Management).
This story was originally posted at CNBC.com.
