Journal of Business Ethics 43 (3):189 - 194 (2003)

Socially responsible investing (SRI) has emerged in recent years as a dynamic and quickly growing segment of the U.S. financial services industry involving over $2 trillion in professionally managed assets. Its conceptual origins can be found in the early history of civilization, with it's modern roots in the 1960s. This paper provides an overview of the breadth and depth of the concept and practice of socially and environmentally responsible investing, describes the investment strategies that together define SRI as currently practiced in the U.S., offers several observations about some of the factors fueling its dramatic growth, and presents data showing that investors who choose to invest in a socially and environmentally responsible manner can do so without giving up investment returns. SRI has matured to a point where virtually any investment need can be met through portfolio design that integrates an investor's personal values, institutional mission, and/or social priorities. The socially responsible investment industry in the United States is a young phenomenon. Even referring to it as an "industry" ten years ago may have been a bit of a stretch. While it has grown dramatically in recent years, it is an area of work, of study and of practical application that continues to evolve in many significant ways. One intriguing example of the ongoing development of the field can be found in the analysis of the language used to describe it. The terms social investing, socially responsible investing, ethical investing, socially aware investing, socially conscious investing, green investing, values-based investing, and mission-based or mission-related investing all refer to the same general process and are often used interchangeably.
Keywords description  history  performance myth – busted  socially responsible investing
Categories (categorize this paper)
Reprint years 2004
DOI 10.1023/A:1022981828869
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 70,079
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

View all 45 citations / Add more citations

Similar books and articles

Socially Responsible Investing: A Critical Appraisal. [REVIEW]D. Bruce Johnsen - 2003 - Journal of Business Ethics 43 (3):219 - 222.
Information Asymmetry and Socially Responsible Investment.Mark Jonathan Rhodes - 2010 - Journal of Business Ethics 95 (1):145 - 151.
Healthy Investments in Investing in Health.Derek Yach - 2001 - Journal of Business Ethics 33 (3):191 - 198.
Social Investing: Mainstream or Backwater? [REVIEW]Thomas W. Dunfee - 2003 - Journal of Business Ethics 43 (3):247 - 252.


Added to PP index

Total views
96 ( #121,714 of 2,506,082 )

Recent downloads (6 months)
3 ( #209,711 of 2,506,082 )

How can I increase my downloads?


My notes