Socially responsible
investment "SRI" is in a way an investment strategy designed to grow
and protect a company's assets in a socially and ethically responsible way.
Socially responsible investing
aims to make investments without harming the environment, social interests or
human rights.
SRI promotes positive change
by steering investors away from industries that harm society.
This promotes ethical and
sustainable practices in business, finance and economics.
SRI grew in popularity during
the 1960s and 1970s, in response to the social injustices caused by the
industrial age.
The Vietnam War also sparked
public interest in socially responsible investing.
Investors wanted to use their
money to have a positive impact on the world.
Implementing socially
responsible investing has several advantages.
For example, it exposes
individuals to new opportunities while encouraging companies to act responsibly
towards society.
It also reduces risk by
excluding industries that cause harm to people and the environment.
The demand for SRI has
increased in recent years. Many people want another way to invest their money.
Corporate greed caused the
Great Recession of 2008, which negatively affected millions of people around
the world.
This has sparked public
interest in investments that benefit people and the environment.
Banks, governments and
corporations often put their own interests before those of ordinary people.
An SRI approach helps counter
this harmful behavior by ensuring that investments benefit everyone and not a
select few.
People can make a difference
by investing ethically and responsibly, especially in times of economic
uncertainty.
The Great Recession proved how
economic decisions made by banks can damage entire nations overnight.
Ethical investing protects
people from devastating economic decisions like this, by ensuring their money
is used in a positive way.
SRI makes companies more
sustainable and responsible towards humanity and nature.
It also encourages investors
to seek long-term growth with a focus on sustainability.
People can make a difference
by being socially conscious when investing their money; it makes everyone
richer and happier in the long run!
