ABSTRACT

Socially responsible investing (SRI) has its roots in divesting from South Africa in the 1970s and 1980s. SRI is alternatively known as responsible investing, ethical investing, sustainable investing, impact investing and more. This was an important first success for the field, with SRI getting proper credit for helping contribute to the societal changes that occurred as the country moved away from Apartheid. This perhaps helps explain why the first wave SRI community in the US has remained primarily rooted in engagement and advocacy as strategies for change. Globally, religious mandates over time also account for the development of SRI to what it is today. It can encompass everything from investments in alternative energy to funds with a religious mandate to portfolios that seek to get in front of innovation megatrends among so-called 'large caps'. There is also the exciting field of impact investing, which in turn can include areas such as microfinance and community investing.