What is an example of socially responsible investing having an effect on changing a society?
Many experts believe the divestiture of companies doing business in apartheid-practicing South Africa played a large role in helping to end apartheid there.
How much money is now tied to socially responsible investing?
According to experts at The Forum for Sustainable and Responsible Investment, as of the end of 2012, $3.74 trillion has been invested in socially responsible investments through SRI-type mutual funds. In the period 2007 to 2010, total assets in SRIs grew 13%, compared with other professionally managed funds, which only grew less than 1%.
How is socially responsible investing growing?
According to experts at Morningstar, around 1995, approximately 55 SRIs managed $12 billion in assets. By 2010, that number increased to 250, investing in more than $569 billion. Additionally, 26 exchange-traded funds mirror the performance of investments in socially responsible companies
What is the "USSIF"?
The US SIF is the Forum for Sustainable and Responsible Investment, a membership organization serving professionals, firms, institutions, and organizations engaged in sustainable and responsible investing by considering environmental, social, and corporate governance criteria in order to generate long-term competitive financial returns with a measurable positive societal impact. Members include investment management and advisory firms, mutual fund companies, research firms, financial planners and advisers, broker-dealers, banks, credit unions, community development organizations, non-profit associations, pension funds, foundations, and other asset owners. Members in the organization seek to expand the concept that they may generate good financial returns while investing in social values they support.