Socially Responsible Investing


Publication Date: May 2009

Publisher: National Center for Policy Analysis (U.S.)

Author(s): Allison Hughey; Pamela Villarreal

Research Area: Banking and finance

Keywords: funds; S&P 500; investing; pension funds

Type: Brief

Coverage: United States

Abstract:

Socially responsible investing (SRI) is the practice of
choosing stocks, bonds or mutual funds based on political, religious or social values. This investment strategy can be hazardous to an individual's portfolio, and if followed by state and local employee pension funds can adversely affect thousands of people's retirement incomes.