Hypo Venture Capital - Socially Responsible Investing
What is socially responsible investing?
Socially responsible investing (SRI) describes an investment strategy that combines the intentions to maximize both financial return and social good. In general, socially responsible investors favor corporate practices that are environmentally responsible, support workplace diversity and increase product safety and quality.
RI strategies provide investors with the opportunity to create positive change in the world through their financial decisions while remaining focused on their long-term investment strategy.
Investing money in a socially conscious manner has gained popularity since the 1970s, though the origins of the concept can be traced back to the 17th century. The idea grew for a number of reasons, including issues regarding the environment, consumer and employee rights, and military activities.
Many individuals who were civil rights and anti-war protestors in the 1960s became investors in the 1970s and 1980s and were looking for a way to express their convictions through their investment portfolios. The first mutual fund to screen investments based on social criteria was established in 1971.
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