How is it different from socially responsible investing?
There isn’t a huge difference between socially responsible investing (SRI) and green investing. Green investing is actually a form of SRI. The biggest difference between the two is the overall scope of the investment philosophies’ focus: green investing is more narrow in its focus when compared to socially responsible investing. Green investing is mainly focused on investing in companies that are deemed to be good for the environment. Socially responsible investing considers companies that create a social and environmental benefit , and avoids companies that have a negative effect on society. A major part of socially responsible investing is the exclusion of certain industries that are deemed to have a negative impact on society, including those involved in alcohol, tobacco and defense.