Interest rising, options growing for pursuing social goals with investments, but typical strategies aren’t appropriate for all groups
Oct, 22, 2021
By William Ehart
What’s often called “socially responsible investing” is gaining currency, with more and more investors trying to use their dollars to address challenges like climate change or promote social goods such as workplace and boardroom diversity.
“There’s definitely both increasing interest and adoption in the institutional investment community,” said Ahmed Farruk, regional director and senior consultant with Fiducient Advisors, which offers such services. But implementation by trade groups and professional societies has been much slower than among cause-related organizations, foundations and charities, he said.
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