Socially responsible investing is beginning to dispel the view that investors have to enter a Faustian pact to secure the best returns. The FTSE4Good US Index’s performance has even edged ahead of the S&P 500 – the benchmark US index – in the last 10 years. Amy Domini, the founder of the Domini 400 Social Index, believes socially responsible investing has enjoyed a “dramatic” transformation. She says there has also been “the cause of change” since she started the index, which includes only companies that meet certain social and environmental standards, in 1990. “When I started, roughly 57pc of the market cap of the S&P 500 was excluded due to involvement with South Africa,” she recalls. “And the environment was more focused on saving whales than humankind. ” The Church of England has used its investment fund to put pressure on oil giants.
Telegraph 10th Nov 2018 read more »