1Pointsix, Llc.

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Modern capitalism is increasingly criticized for causing global warming and social inequity. Corporations are accused of failing to prioritize the interests of employees, suppliers, communities, and the environment, favoring instead, the short-term interests of their shareholders. But modern capitalism also deserves credit for dramatically reducing global poverty and improving literacy rates, infant mortality, nutrition, and access to health care. Socioeconomic progress over the past half-century has been beyond anything our forebears might have imagined. Any human born today faces better prospects for their health & well-being than anyone born before them. But this is not to say all economic and social injustices have been eradicated, nor that our current environmental trajectory is sustainable. Indeed, despite our age of unsurpassed abundance, why is it that: 3 in 10 people still lack access to safe drinking water 650 million youth lack basic math & literacy skills Less than half the global population receives basic health services 800 Million students have no access to online learning Two billion adults are excluded from formal financial services 40% of countries have fewer than 10 doctors per 10,000 people The challenges of climate change and the unsustainable impact modern consumption patterns are having on our air, earth & water need to be addressed. Left unabated, future carbon emissions are certain to raise temperatures: the only questions are by how much & how fast. Combined with growing income disparities and declining levels of economic and social mobility in many societies, ubiquitous peace and prosperity are far from secure for generations to come. These are the stakes. Nothing less than more inclusive, sustainable economic growth will provide for the needs of future generations. And the best role investors can play in financing the future we need is to embrace the 1.6 percent solution.™

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NAICS
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