Pension funds, institutional investors, and consumers are eyeing fund portfolios that not only earn substantial income, but also support businesses that address environmental and ethical factors.
Former U.S. Vice President and environmentalist, Al Gore and his business partner David Blood, former CEO of Goldman Sachs Asset Management, recently discussed socially responsible investing (SRI) in a May 2007 interview with the McKinsey Quarterly, the publishing arm of consulting firm McKinsey & Co.
"Sustainability investing is the explicit recognition that social, economic, environmental, and ethical factors directly affect business strategy," explained Blood.
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