A year ago I did a search for socially responsible investments. As I searched away on Google I felt like a tree falling in the forest and nobody around to hear me.
But today. . . After a brief search I see the tides truly have changed. Sure my searching skills have increased, but so have the number of socially responsible investments out there.
Socially responsible investing is a way to back companies that have sustainable business models. Meaning they design their business to be good for the environment, good for people, and they make a profit, and if they don't do all those things, then at least they go beyond business as usual.
Here is a short list of some places to take your money and leverage your power toward saving the world.
Pax World Mutual Funds-
"We believe it’s our unique investment approach. We call it Sustainable Investing – the full integration of environmental, social and governance (ESG) criteria into our investment analysis and decision making. By combining rigorous financial analysis with equally rigorous ESG analysis, we seek to identify better-managed companies that, among other attributes, are leaders in their categories, meet positive standards of corporate responsibility and focus on the long term."
-letter from the president, Joseph Keefe
Calvert-"With approximately $2.29 trillion in assets in the US today1, SRI is catching on with many individual and institutional investors who seek to:
* Align their investment portfolio with their personal values by avoiding companies that do not meet certain standards.
* Encourage improved corporate social and environmental performance through an active investment strategy.
* Identify companies with better long-term financial performance through the analysis of social and environmental factors.
SRI was first formally practiced by religious investors who, nearly 100 years ago, avoided companies involved in tobacco, alcohol, and gambling. More recently, however, SRI has evolved beyond such simple avoidance screening to include the following four aspects:
Social research
Shareholder advocacy
Social venture capital
Community investing"
Winslow Green Mutual Funds-
"Today, Winslow is widely recognized as a pioneer in the rapidly growing field of green investing. Winslow and our portfolio managers are regularly featured in a wide variety of media, such as Time, Barron's, Kiplinger's, SmartMoney, Outside Magazine, Marketwatch.com, TheStreet.com, Forbes, Investment Advisor, CNBC, Bloomberg TV & Radio, and the Christian Science Monitor. In 2007, Winslow's Jack Robinson was recognized in the annual Barron's / Value Line mutual fund manager survey as one of the top 10 equity fund managers in the U.S. for the 2nd year in a row, earning the #2 ranking in the aggressive growth category and the #10 ranking overall. The Winslow Green Growth Fund was also named Best Socially Screened Fund of 2006 by Kiplinger's Personal Finance."
Refering site: Social Funds