|
|
Article: New enviro investing approach gains favor.(News)
- Article from:
- Waste & Recycling News
- Article date:
- March 2, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Andrew Coen
Investing according to strict environmental, social and governance principles is fast gaining acceptance among U.S. investors.
Traditionally, socially conscious investing meant shunning stocks of companies that engaged in such activities as making alcohol, weapons or cigarettes. In recent years, however, that approach has seen a fundamental shift.
While many socially conscious funds still avoid certain industries, some are focusing their research on finding companies that have exceptional environmental, social or governance policies in place.
"People are starting to view [ESG investing] as being a little more ...