Socially responsible investing is not as simple as putting your money into an SRI fund or ESG (environmental, social and governance) fund. There are too many variables. First, with so many ESG funds available, there is no universal definition. Each one has its own set of criteria.
Tag Archives | ESG funds
The concept of socially responsible investing is far from new; the first SRI fund appeared in 1952. Since then, these funds have used social and ethical screens to exclude companies selling products like tobacco, alcohol, or firearms. Yet one facet of investing in such funds is widely misunderstood.