Socially
responsible investing is the integration of social responsibility
and environmental sustainability with
investment. It includes all the financial
decision-making processes that are a part of a
prudent investment management approach, but it also
includes the selection and management of investments
based on issues of sustainability or social responsibility.
Social
investing can be done by individuals or institutions such
as foundations, religious organizations, trusts,
investment pools and pension plans.
There
are three basic approaches to socially responsible
investment:
-
Positive
and negative screening
-
Community
Investment
-
Shareholder
Advocacy