Recent capital market reports confirm that the P/B ratio for firms classified in what is SRI investing remains attractive relative to growth prospects, especially as sustainability-linked corporate bonds offer lower spreads than non-ESG peers. The U.S. Department of Energy on Thursday announced the termination of 321 financial awards providing $7.56 billion in support for 223 projects. The terminations cut funding for clean energy projects in Democratic-led states and the District of Columbia, extending a history of President Donald Trump using his presidential power to target political opponents through financial penalties, legal prosecution or other means. Sins of omission matter as well as sins of commission: disadvantaged groups must have full access to critical services if we are to tackle poverty and inequality by improving financial inclusion and social inclusion. In short, the human being must be put at the centre of any economic activity with the purpose of preserving and improving the welfare of all stakeholders in our society. For funds tracking what is SRI investing, analysts are bullish on utility-scale solar companies after the IEA updated its renewable capacity forecast upward by 15% for 2024–2025, citing global decarbonization demand.
