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Putting your money
where your values are
What does it mean to invest responsibly? According to the Social Investment Forum, socially responsible investing integrates personal values and societal concerns with investment decisions. It considers both the investor's financial needs and an investments impact on society. And it includes the belief (often proven to be true) that responsible companies perform better and create higher returns for investors.
Socially responsibility may include these and many other aspects:
- A screening processIncluding or excluding corporate securities in investment portfolios based on social or environmental criteria. That may involve so called social venture capitalinvesting that integrates community and environmental concerns into professionally managed venture capital portfolios.
- Shareholder advocacyShareholder campaigns that seek broad-based support for critical social, labor, and environmental issues through shareholder resolutions, dialogue, and investor letter-writing campaigns.
- Community InvestmentInvesting that supports development initiatives in low-income communities both in the United States and in developing countries. Community investment provides affordable housing, creates jobs, and helps responsible businesses get started.
Resources:
- CERESA U.S. coalition of businesses, environmental, investor, and advocacy groups that have committed to continuous environmental improvement by endorsing a ten-point code of environmental conduct.
- Interfaith Center on Corporate Responsibility (ICCR)
- Social Investment Forum
- Shareholder Action Network
Social investment funds:
- Calvert Social Fund & Index
- Domini Social Investments
- Pax World Funds
Note: Information on this page is should not be contrued as a recommendation to invest by EcoCity Cleveland.
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EcoCity Cleveland
3500 Lorain Avenue, Suite 301, Cleveland OH 44113
Cuyahoga Bioregion
(216) 961-5020
www.ecocitycleveland.org
Copyright 2002-2003
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