Should the implementation of SRI strategies be motivated primarily by social and environmental concerns or by the financial considerations of fulfilling your fiduciary responsibility?
Individual investors interested in aligning their values and investments do not have to answer to anyone in making such a decision; except, perhaps, their partners. But institutional investors have been slow to embrace social investing in part because of perceived, or misperceived, dangers. Often fiduciaries of pension funds, foundations, unions and other organizations are concerned about abrogating the responsibilities of their position by considering any factors other than financial performance and risk. Meredith Miller, assistant treasurer for policy at the Connecticut Retirement Plans and Trust Funds (CRPTF), gives some insight into why the State of Connecticut is one of a growing number of institutional investors that have integrated SRI strategies into their investment process. The Treasurer believes that environmental, social, and economic issues are inextricably tied to the financial performance of our portfolio company investments. That view is consistent with Connecticut law.
Related Questions
- Who Are the Children Who Have Participated in Research on Using Environmental Strategies to Increase Positive Social Interactions?
- How can pupils’ economic understanding and financial capability be developed through the study of social and environmental issues?
- Why Are Environmental Strategies Important for Increasing Positive Social Interactions?
