Wednesday, March 19, 2008
Taking the Pulse of Socially Responsible Investing
Every other year, the Social Investment Forum (SIF) takes the pulse of socially responsible investing (SRI) with its trends report. The diagnosis? A healthy heart rate fuels continuing growth. From 2005 (when the report was last published) to 2007, SRI assets rose more than 18 percent--from $2.29 trillion to $2.71 trillion. In comparison, the broader market of all investment assets under management practically stood still, growing less than 3 percent. The report made waves, garnering coverage by the Wall Street Journal, On Wall Street, GreenBiz, Pensions & Investments, and Financial Planning.
Doctors usually advise patients to "stay active," and SRI has certainly done so through shareholder activism - with healthy results. Support for shareholder resolutions on social and environmental issues reached a record high in 2007 of 15.4 percent on average, up from the 9.8 percent average two years earlier.
See full Article.