Socially Responsible Investing (SRI): Similar to ESG investing, SRI focuses on aligning your investments with your values, but often with a stronger emphasis on social impact – think companies committed to fair labor practices, diversity, and community development. Imagine your money supporting companies that are not just profitable, but also making a positive social contribution.
SRI ETFs and mutual funds (VEGN, DSI, CRBN) screen companies based on social and ethical criteria. Focus on companies with strong SRI ratings – look for ethical certifications and sustainability reports. Community investing – a subset of SRI, investing directly in local businesses and community development projects.
SRI investing is about doing good and potentially doing well – ethically sound companies may also be financially sound in the long run. SRI investing: Invest ethically, invest responsibly, invest for social good (and your portfolio too!). SRI: Investing with your conscience, and hopefully, your wallet too.