Socially Responsible Investing – An Ethical Approach to Investment

Whether you are a new or seasoned investor, you are likely to find more opportunities to grow your wealth and make an impact on the lives of people and our planet. That is possible with Socially Responsible Investing (SRI), which means that you will be investing in organisations that promote socially conscious and ethical themes, like gender equality, environmental sustainability, and animal welfare. Also known as ‘sustainable investing’, it is the investment strategy that aims to consider both social and environmental good along with financial returns, with the goal to have a positive impact on social change.

Social responsibility is more important than ever, as more companies and individuals are becoming aware of their impact on social issues. You can do your part as an investor with socially responsible investing. As a socially responsible investor, you can encourage corporate practices that are in line with your own values, which can be anything from human rights to environmental stewardship, gender or racial diversity, and human rights. You could even invest in the modern food industry, which is focused on finding environmental-friendly meat alternatives and plant-based foods.

To get started with socially responsible investing, you must look into ESG principles and apply them in your approach. ESG stands for environmental, social, and governance, and it is a widely recognised way to measure a company’s sustainability from ethical perspectives. Apart from determining the level of sustainability, the ESG principle could also help you understand its role on the long-term performance of the company. This way, you can be confident in a future-proof investment.

Socially responsible investing does not mean that you will get lower financial returns. There is growing evidence that it can be profitable. A study conducted in Harvard found that companies doing well on sustainability issues relevant to their industries can outperform companies that rated poorly. Morningstar, an investment research company, supported that when they said that companies embracing low-carbon technology have a better chance at being future-proof, and that companies providing fair treatment on their employees enjoy consistent cash flow.


Comments

Post a Comment

Popular posts from this blog

Investing In The New World of Life Science

The life sciences industry played a crucial role during the COVID-19 pandemic. Competitors in the field of medicine collaborated to accelerate the development of a novel vaccine to cope with this global crisis. The Life Science sector worked hand in hand with governments, health care systems, non-profits, and retail pharmacies to provide the widespread distribution and the administration of the vaccine.   Every disruption also gives rise to opportunities and the new normal gave rise to a highly digitized world. This world has brought to light several possibilities and opportunities for  life science investment . The life sciences industry is undergoing a phase of tremendous development and advancements majorly due to its collaborative nature. The coming years are going to witness biotech companies joining forces with other ancillary health sciences organizations. This will push the boundaries for the state of the art developments. These innovative collaborations will create efficie
Read more

Top 3 Reasons to Eat More Cell Cultured Meat

Cell cultured meat otherwise known as lab-grown, cultivated or clean meat is produced in a laboratory from some animal cells. It is certainly real meat however it doesn’t need animals to be killed the way conventional meat does. The concept is to produce a more humane and eco-friendly meat industry. Some experts think that this is the future. To make cultured meat, scientists take the building block cells [stem cells] from the animal and bathe them in a liquid that contains nutrients to help replicate and then store them inside a bioreactor. Once it starts to develop, the following step would be making it into a realistic meat item for consumption. Companies are doing their best to find the ideal ways to produce nuggets, burgers and other products! Various benefits Less contamination Supporters of cell cultured meat say that it is less likely to be contaminated by E Coli bacteria and other contaminants that you might often come across in a meat processing area. Fewer antibiot
Read more