What is Socially Responsible Investing?

Socially responsible investing is the practice of investing money in companies and funds that have positive social impacts. And we all know, now more than ever, how important that is.

Investing with a conscience through socially responsible investments, or SRIs, evolved decades ago. And today, it continues to attract a wide investment audience. And that is including those of high net worth.

These individuals visualize and value a world where more companies consider the need for community and welfare of the environment an important priority.

More and more investors have begun to value the options of socially responsible investments (SRIs).

In turn, this has encouraged Companies to adapt policies of corporate social responsibility (CSR). This is where companies self-regulate their business model to be socially accountable to itself, its stakeholders, and the public.  Companies applying corporate social responsibility are conscious of the kind of effect they are having on all aspects of society. This responsibility includes economic, social, and environmental causes.

As investors follow this investment approach, they are visualizing a world where corporations focus not only on their returns. But companies that also concentrate on improving the community and environment.

Socially responsible investors see this approach as a winning proposition. They support the cause they believe in. All the while the companies they choose receive the funds needed to grow their operations. And not to mention, while using sustainable efforts that result in a better world today and in the future.

The future is here. It is time to start being socially conscious. So, if you’re interested in socially conscious investing, contact your trusted advisor. And let them help you create a successful SRI strategy.