By: Fiona Reynolds While many sustainable investors and environmental groups were dismayed by the recent US election results, it is important to recognise that the election of Donald Trump—and to a large extent Brexit in the UK—reflects a growing unhappiness and dissatisfaction on the part of millions of people who feel that existing financial systems, policymakers and structures are not working in their favour. The PRI recognises that many people across the world feel left behind by globalisation and are still feeling the outcomes of the global financial crisis. They have seen Wall Street bailed out, while they have been left with the bill, and to struggle with cuts in services, the loss of jobs and real wages in decline. This work aligns closely with the PRI’s mission, which calls for it to promote a sustainable global financial system that supports long-term value creation and benefits the environment and society as a whole. It also aligns to the UN Sustainable Devel...
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