What characterises a socially responsible investment?
This type of investment is characterised by a conscious decision to invest in a company or fund deemed socially responsible. As with any investment, it is also characterised by the desire to make a profit.
Investors typically select companies or funds concerned with social justice, sustainability, green energy, clean technology, and other similar areas.
Socially responsible investing might also be characterised by an avoidance of industries perceived to have a negative societal or environmental impact, such as alcohol, tobacco, oil and gas, fast food or gambling.