Socially responsible investing (SRI), also known as sustainable, socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social good.
In general, socially responsible investors encourage corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity. Some avoid businesses involved in alcohol, tobacco, gambling, pornography, weapons, and/or the military. The areas of concern recognized by the SRI industry can be summarized as environment, social justice, and corporate governance—as in environmental social governance (ESG) issues. In addition to stock ownership either directly or through mutual funds, other key aspects of SRI include shareholder advocacy and community investing.
The term "socially responsible investing" sometimes narrowly refers to practices that seek to avoid harm by screening companies included in an investment portfolio. However, the term is also used more broadly to include more proactive practices such as impact investing, shareholder advocacy and community investing. Amy Domini, a prominent member of the socially responsible investing community and the founder of Domini Social Investments, has stated that shareholder advocacy and community investing are pillars of socially responsible investing and that doing only negative screening is "not what I would consider adequate."
Other articles related to "socially responsible investing, responsible, responsible investing, investing":
... UN Principles for Responsible Investment Moskowitz Prize - Quantitative Research in the field of Socially Responsible Investing Socially Responsible Investing at Appropedia ... fund Investment styles Active or Passive management Value or Growth investing Hedge fund Socially responsible investing Impact investing Fund of funds Manager of ...
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“There is not much that even the most socially responsible scientists can do as individuals, or even as a group, about the social consequences of their activities.”
—Eric J. Hobsbawm (b. 1917)
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
—Calvin Coolidge (18721933)
“What I wanted was to create thoughtful citizenspeople who believed they could live interesting lives and be productive and socially useful. So I tried to create a community of children and adults where the adults shared and respected the childrens lives.”
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—Eda Le Shan (20th century)