Socially Aware Investing
Socially aware investing , also known as sustainable, socially conscious, “green” or ethical investing, is an investment discipline that considers environmental, social and corporate governance criteria to generate long-term competitive financial returns and a positive societal impact.
While its roots stretch as far back as the 1700s, the practice of socially aware investing did not become mainstream until the early 1970s when public outcry over the practice of apartheid in South Africa led to groups of investors boycotting those companies that continued to do business there. These actions eventually helped to bring an end to apartheid.
Since then, the practice of socially aware investing has become less about simply avoiding businesses involved in things like alcohol, tobacco, firearms or gambling and more about finding corporations whose sustainable business practices promote environmental stewardship, consumer protection, human rights and diversity.
At Trust Company of Vermont, we feel that there is no “one size fits all” when it comes to socially aware investing. We each have different concerns that we feel strongly about. Utilizing online resources, we can screen our universe of stocks in order to incorporate our client’s priorities when selecting stocks for their portfolios.