Can Socially Responsible Investing Make a Great Green Leap Forward?
The basic premise of socially responsible investing is simple: If money makes the world go round, greener, more humane investments can improve the way it spins. Yet before hailing a new era of green capitalism, its also important to understand some of its limitations. By Marshall Glickman and Marjorie Kelly SIDEBAR: MAKING CHANGE, ONE SHARE AT A TIME The setting was something out of George Orwells 1984. Outside, armed guards stood on the auditoriums roof watching over environmental protestors; inside, an enormous TV screen dominated the room with its Big Brother image of The Great and Powerful Wizard of Saws, as one attendee described Home Depot Chairman Bernard Marcus. By Marshall Glickman, Marjorie Kelly, and Joanna Sabatini SIDEBAR: GETTING IN TOUCH WITH GREEN MONEY (A SAMPLER) FEATURES WORKING CAPITAL – CONTINUED While stock screening and shareholder activism are directed toward large corporations, community investing is about funding worthwhile projects and supporting individualsi
