An investment that is considered socially responsible because of the nature of the business the company conducts. Common themes for socially responsible investments include avoiding investment in companies that produce or sell addictive substances (like alcohol, gambling and tobacco) and seeking out companies engaged in environmental sustainability and alternative energy/clean technology efforts.
Today, more than one out of every nine dollars under professional management in the United States—$3.74 trillion or more—is invested according to SRI strategies.
Individuals, institutions, investment companies, money managers and financial institutions apply SRI strategies across asset classes to promote stronger corporate social responsibility, build long-term value for companies and their stakeholders, and foster businesses, generate jobs or introduce products that will yield community and environmental benefits. The institutions involved in SRI include corporations, universities, hospitals, foundations, insurance companies, public and private pension funds, nonprofit organizations and religious institutions.
What are the fastest growing areas of sustainable…